Russia
⚡️ "Biometric Payments" Coming to Russia 🇷🇺! Paid Members Public
⚡️ "Biometric Payments" Coming to Russia 🇷🇺! The Central Bank is developing a universal payment platform utilizing citizens' biometric data. Currently, only 12 banks in Russia can afford the necessary equipment and have the corresponding permission from the Ministry of Digitalization… 🚩 Regarding regulation, Russians previously had some freedom of
🔠ussia🇷🇺: Central Bank Highlights Increase in Crypto Activity Among Citizens Paid Members Public
🔠ussia🇷🇺: Central Bank Highlights Increase in Crypto Activity Among Citizens According to a report from the Bank of Russia, several trends were observed between the fourth quarter of 2023 and the first quarter of 2024 that financial organizations should be aware of. These calculations were made using a tool called
☠️ "Raiffeisen Bank" to Prohibit Russians🇷🇺 from Transferring Dollars Abroad Paid Members Public
☠️ "Raiffeisen Bank" to Prohibit Russians🇷🇺 from Transferring Dollars Abroad The Russian subsidiary of the Austrian group Raiffeisen Bank International (RBI) announced that outgoing dollar payments will not be available starting June 10. 🔠 The reason is attributed to the demands of foreign correspondent banks that process these transfers. Additionally,
😱Tether intends to block sanctioned payments Paid Members Public
😱Tether intends to block sanctioned payments Tether, the issuer of the world's most popular stablecoins, intends to block all USDT transactions by organizations and individuals that have been included in the sanctions list of the Office of Foreign Assets Control of the US Treasury Department (OFAC)🇺🇸. 🔣 The statement
⚡️Russia🇷🇺: The Central Bank has requested information from banks regarding the verification of payers. Paid Members Public
⚡️Russia🇷🇺: The Central Bank has requested information from banks regarding the verification of payers. This entails confirming the alignment of actual activities with assigned MCC codes. Credit organizations will be required to report to the regulator during the first half of April. ➡️ A bit of terminology: The MCC code (Merchant
🏦 Swiss banks🇨🇭 are starting to close accounts of Russians🇷🇺 - even if they have dual citizenship Paid Members Public
🏦 Swiss banks🇨🇭 are starting to close accounts of Russians🇷🇺 - even if they have dual citizenship Customers of UBS and Credit Suisse have reported similar incidents. Currently, banking institutions are worried even about a single fund transfer to Russia. ➡️ The Russian passport becomes a "black mark" in Switzerland,
Kyrgyzstan's 🇰🇬 banks suspend service of "Mir" 🇷🇺 cards. Paid Members Public
Kyrgyzstan's 🇰🇬 banks suspend service of "Mir" 🇷🇺 cards. Following the steps of Armenia🇦🇲 and Kazakhstan's "Freedom Finance"🇰🇿, Kyrgyzstan has withdrawn from collaboration with NSPK. 💳 The "Mir" cards have been in operation in Kyrgyzstan since 2019 as part of the integration of
👮♀️US🇺🇸 and UK🇬🇧 authorities investigate 20 billion USDT, passed through "Garantex"🇷🇺 Paid Members Public
👮♀️US🇺🇸 and UK🇬🇧 authorities investigate 20 billion USDT, passed through "Garantex"🇷🇺 The regulatory authorities of the allies are deeply concerned about the fact that at least 13 Russia-related FinTechs and the Russian cryptocurrency exchange are actively evading sanctions. 📌 A year ago, on the Chainalysis portal, there was concern