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The world is being quietly rearranged by people who write very long documents.

Federal Register · June 30, 2025
The title they went with Imposition of Special Measure Prohibiting Certain Transmittals of Funds Involving Intercam Banco S.A., Institución de Banca Multiple Noisy translates that to

US financial system cuts off a Mexican bank for opioid money laundering

What happened
The US Treasury's financial crime unit ordered US banks to stop certain money transfers with a specific Mexican bank. This bank, Intercam Banco S.A., was found to be a major channel for laundering money from illegal opioid sales.
Why it matters
The US government can directly cut off foreign banks from its financial system if they are tied to illicit activities. This order shows the US Treasury's focus on disrupting the money flows that enable the opioid crisis.
The signal
Watch whether Intercam Banco S.A. can get this order lifted, or if other foreign banks are similarly targeted for opioid-related money laundering.
If you insist
Read the original →