Russia

⚡️Russia🇷🇺: The Central Bank has requested information from banks regarding the verification of payers. 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

Morgan Ellis
Russia

🏦 Swiss banks🇨🇭 are starting to close accounts of Russians🇷🇺 - even if they have dual citizenship 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,

Morgan Ellis
news

Kyrgyzstan's 🇰🇬 banks suspend service of "Mir" 🇷🇺 cards. 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 Following the steps of Armenia🇦🇲 and Kazakhstan's "Freedom Finance"🇰🇿, Kyrgyzstan has withdrawn from collaboration with NSPK.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

Morgan Ellis
news

👮‍♀️US🇺🇸 and UK🇬🇧 authorities investigate 20 billion USDT, passed through "Garantex"🇷🇺 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

Morgan Ellis
news

⚡️Sberbank🇷🇺 strengthened control over user operations and blocked accounts from which transactions with cryptocurrencies were made Members Public

⚡️Sberbank🇷🇺 strengthened control over user operations and blocked accounts from which transactions with cryptocurrencies were made Cryptocurrency transactions are now considered "suspicious" - until further clarification is provided. ➖ If the client can verify their cryptocurrency income with screenshots of cryptocurrency exchange sites or other corresponding services, the card

Morgan Ellis
news

💰The platform Bybit has "selectively" cancelled P2P transfer fees Members Public

💰The platform Bybit has "selectively" cancelled P2P transfer fees Now, there is an opportunity to trade on the Bybit P2P platform for free... however, this offer is not open to everyone. For Russian users🇷🇺, the fees have been increased, even though in 2022 the exchange refused to impose

Morgan Ellis
news

💣Armenia halts cooperation with "MIR" due to secondary sanctions. Members Public

💣Armenia halts cooperation with "MIR" due to secondary sanctions. Recently, the "Freedom Finance" bank in Kazakhstan suspended cooperation with the Russian National Payment Card System (NSPK)🇰🇿, and now Armenia🇦🇲 follows suit: banks participating in the ArCa payment system will cease to accept "MIR" cards

Morgan Ellis
Russia

‼️BRICS plans to de-dollarize with blockchain-based payments Members Public

‼️BRICS plans to de-dollarize with blockchain-based payments Significant changes are approaching in the international currency system. BRICS representatives point out that work on the development of the reserve fund will continue. ➖ In 2016, member countries prioritized collaboration in the area of e-commerce and intellectual property rights (IPR), aiming to accelerate

Morgan Ellis
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