Russia
☠️ Urgent News: U.S. 🇺🇸 imposes sanctions on the developer of the payment system “Zolotaya Korona” Paid Members Public
☠️ Urgent News: U.S. 🇺🇸 imposes sanctions on the developer of the payment system “Zolotaya Korona” The "Center for Financial Technologies" (CFT), the developer behind the payment system "Zolotaya Korona," has been sanctioned by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC)
☠️Kyrgyzstan🇰🇬: Another 10 banks join restrictions on Russian bank services Paid Members Public
☠️Kyrgyzstan🇰🇬: Another 10 banks join restrictions on Russian bank services This has never happened before, and now a new list of banks has joined… Banks such as “Demir,” “Keremet-bank,” “Finanscreditbank,” “Halyk-bank,” “Optima-bank,” “Bank Asia,” “Eldik-bank” (“RSK bank”), “Kyrgyzkommertsbank,” and “Kyrgyzstan Investment and Credit Bank” (KICB), among others, have stopped providing
⛔️ Kyrgyzstan🇰🇬: MBank suspends transfers through Russian banks🇷🇺 Paid Members Public
⛔️ Kyrgyzstan🇰🇬: MBank suspends transfers through Russian banks🇷🇺 Starting August 16, MBank (also known as "Bank Kyrgyzstan") will no longer permit money transfers through Russian banks, including Sber, Tinkoff, and MTS. These restrictions apply in both directions. 🔣What Happened ⁉️ — In June, MBank, along with other commercial banks, had already
👺 Russia🇷🇺: The Central Bank revoked the banking license of “American Express Bank” Paid Members Public
👺 Russia🇷🇺: The Central Bank revoked the banking license of “American Express Bank” In Russia's banking system, it held the respectable position of number 300. 🆎 How did it happen?: In March 2022, the company stopped cooperating with Russian banks that were included in the sanctions lists, and later ceased
News from Russia🇷🇺: Raiffeisen Bank will Accelerate Business Reduction Due to EU Demand Paid Members Public
News from Russia🇷🇺: Raiffeisen Bank will Accelerate Business Reduction Due to EU Demand The bank announced this in its quarterly earnings report. As previously indicated, the deadline is now clear. ➡️ The bank's exit process from Russia will begin in the third quarter of 2024, with active preparations currently
☠️ US 🇺🇸Banking Startup Mercury Suddenly Ceases Service for Ukrainian Passport Holders… Paid Members Public
☠️ US 🇺🇸Banking Startup Mercury Suddenly Ceases Service for Ukrainian Passport Holders… … as well as support for fintechs with business and residential addresses in Ukraine🇺🇦, Russia🇷🇺, Nigeria🇳🇬, and some other countries deemed to have “high legal risk”. ➡️ Full list of countries: • Afghanistan • Albania • Belarus • Bosnia and Herzegovina • Burundi • Cambodia • Cameroon • Central
⚡️Russian-rooted companies🇷🇺 face payment difficulties due to sanctions Paid Members Public
⚡️Russian-rooted companies🇷🇺 face payment difficulties due to sanctions US sanctions have led to payment delays in banks in Turkey🇹🇷, China🇨🇳, and other countries trading with Russia. ➡️ The average delay for payments is currently 10 to 16 days. ➡️Many transactions with China can now only be processed through intermediaries in Kazakhstan�
⛔️Russia🇷🇺 Implements Ban on Crypto Exchanges Paid Members Public
⛔️Russia🇷🇺 Implements Ban on Crypto Exchanges Earlier this month, President Putin urged lawmakers to break the deadlock and accelerate the adoption of the cryptocurrency mining law. ➡️ In response, lawmakers have stated that they will pass two cryptocurrency-related bills before the end of the current parliamentary session on August 5: 1️