Russia
☠️Russia🇷🇺: The State Duma approves in the third and final reading the law on criminal liability for "drops" Paid Members Public
☠️Russia🇷🇺: The State Duma approves in the third and final reading the law on criminal liability for "drops" The regulation is already in force. The law amends Article 187 of the Russian Federation’s Criminal Code (illegal circulation of payment means), establishing that this offense can be punished
⚠️Russia🇷🇺: Banks request a one-year postponement for the implementation of mandatory transaction confirmation by a customer’s proxy Paid Members Public
⚠️Russia🇷🇺: Banks request a one-year postponement for the implementation of mandatory transaction confirmation by a customer’s proxy The requirement was introduced to combat fraudulent transactions targeting individuals with reduced mobility. However, banks have been unable to implement the protocol—known as the “second hand service”—within the established timeframe.
📣Russia🇷🇺: In the first quarter, citizens doubled the frequency of payments using biometrics and QR codes Paid Members Public
📣Russia🇷🇺: In the first quarter, citizens doubled the frequency of payments using biometrics and QR codes In total, 800 million of these operations were carried out in the country, amounting to 1.1 trillion rubles. ➡️ At the same time, the overall number of cashless transactions—including QR codes, biometrics, e-wallets,
🎉Kazakhstan🇰🇿: Two more banks resume card issuance for non-residents Paid Members Public
🎉Kazakhstan🇰🇿: Two more banks resume card issuance for non-residents Nurbank and Home Credit Bank have resumed issuing cards to non-resident clients, responding to continued demand from citizens of Russia🇷🇺. ➡️Background: Earlier this year, several Kazakh financial institutions announced a suspension of this service for foreigners. Later, Halyk Bank, Kaspi Bank,
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Paid Members Public
⚡️On Russia Day🇷🇺 — about red flags: what you need to remember when cashing out crypto in Russia Stricter regulatory oversight may push crypto cash-outs via bank accounts into a legal “gray zone”. ➡️ High-risk transactions: cryptocurrency operations are automatically flagged as suspicious due to the anonymity of blockchain, which makes it
☠️Russia 🇷🇺: The Central Bank recommends banks to maintain vigilance Paid Members Public
☠️Russia 🇷🇺: The Central Bank recommends banks to maintain vigilance The regulator’s methodological recommendations outline key guidelines for the financial sector. For further details, see this summary. 💘 The Central Bank warned that illegal activities — including online casinos, cryptocurrency exchanges, pyramid schemes, and drug trafficking — are using corporate cards registered under
⛔️ Rosfinmonitoring confirms banks’ right to impose limits on incoming transfers Paid Members Public
⛔️ Rosfinmonitoring confirms banks’ right to impose limits on incoming transfers These restrictions are not explicitly covered by anti-money laundering legislation, so the Central Bank currently only recommends financial institutions apply this measure. ➡️ The recommendations cover both incoming transfers and account deposits. ➡️ The Central Bank has indicated that financial institutions must
🎉 Russia🇷🇺: T-Bank launched the first digital financial assets (CFDs) based on Bitcoin Paid Members Public
🎉 Russia🇷🇺: T-Bank launched the first digital financial assets (CFDs) based on Bitcoin The total issuance of CFDs will be 1000 units, with a volume equivalent to the value of one Bitcoin (BTC). The circulation period is 1 month. ➡️ For whom❓ — This new financial asset is available exclusively for qualified investors.