Russia
📣Vietnam🇻🇳: by the end of the year Russian citizens will be able to pay for goods and services via QR code Paid Members Public
📣Vietnam🇻🇳: by the end of the year Russian citizens will be able to pay for goods and services via QR code With the support of the Russian-Vietnamese bank VRB, VTB customers will be able to make payments through their usual mobileapplication. ▶️VTB’s main international branches are located in India�
🥳Belarus🥔: crypto company WhiteBird adds direct cryptocurrency exchange service for Russian users Paid Members Public
🥳Belarus🥔: crypto company WhiteBird adds direct cryptocurrency exchange service for Russian users The service allows topping up crypto accounts in rubles and withdrawing funds to Russian cards. This feature is especially relevant given the restrictions on P2P transfers introduced in May. ▶️Token purchases and crypto account top-ups can be carried
🔝Iranian ambassador🇮🇷in Moscow🇷🇺stated that by the end of 2025, payments with “Mir” cards will be enabled in Iran Paid Members Public
🔝Iranian ambassador🇮🇷in Moscow🇷🇺stated that by the end of 2025, payments with “Mir” cards will be enabled in Iran According to local reports, 3 out of 4 integration phases of the payment systems have already been completed. ▶️The integration process will allow Iranian citizens (holders of “Shetab” cards) to
Risks and Rewards: The Impact of Sanctions on Russia 🇷🇺 Paid Members Public
Risks and Rewards: The Impact of Sanctions on Russia 🇷🇺 Do challenges, setbacks, and sanctions make us stronger? Consider this operational chain: crypto exchange → intermediaries → payment agents → stablecoin issuer → fintech intermediaries and their beneficiaries. The U.S. Department of the Treasury🇺🇸added the entire ecosystem linked to the crypto exchange Garantex�
😨USA🇺🇸: money laundering and North Korea🇰🇵 sanctions violation charges dropped against Tornado Cash developer Paid Members Public
😨USA🇺🇸: money laundering and North Korea🇰🇵 sanctions violation charges dropped against Tornado Cash developer “He could have faced 45 years in prison, and now it’s zero. Statistically, Roman is among the 1% who manage to beat such charges”, said Misha Zhukovitsky. However, the defendant still faces a potential sentence
❌Europe imposes (supposedly temporary) restrictions on UnionPay cards from Rosselkhozbank🇷🇺 Paid Members Public
❌Europe imposes (supposedly temporary) restrictions on UnionPay cards from Rosselkhozbank🇷🇺 Although Rosselkhozbank was added to the European Union's sanctions list in June 2022, it is not among the 22 bankstargeted in the recently approved 18th sanctions package. Nevertheless, the measure was implemented in the context of ongoing geopolitical
👀How are payments and the card business changing? A summary Paid Members Public
👀How are payments and the card business changing? A summary Representatives from payment systems, banks, marketplaces, Big Tech, and fintech companies agree that the natural evolution is making payments cheaper. ➡️History: ✅Payment cards appeared in the mid-20th century in the US🇺🇸, when Frank McNamara and Ralph Schneider founded Diners Club.
👻Double standard detected🇷🇺: Sberbank found a way to transfer money to Europe Paid Members Public
👻Double standard detected🇷🇺: Sberbank found a way to transfer money to Europe Reporters from The Bell discovered that it’s possible to transfer money by card number, bypassing sanctions and SWIFT. ➡️ A Sber operator confirmed that it’s possible to send money abroad — through intermediaries — in amounts of up to