Russia
⚡️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.
🎉 Europe: Tap to Pay feature coming to iPhone in eight countries Paid Members Public
🎉 Europe: Tap to Pay feature coming to iPhone in eight countries Apple has announced the rollout of Tap to Pay on iPhone in Belgium🇧🇪, Greece🇬🇷, Denmark🇩🇰, Iceland🇮🇸, Cyprus🇨🇾, Luxembourg🇱🇺, Malta🇲🇹, and Croatia🇭🇷. ➡️ Tap to Pay on iPhone allows merchants, regardless of business size, to accept contactless payments via credit and
☠️ As part of sanctions against Russia🇷🇺, the EU has proposed disconnecting 20 more banks from the SWIFT system Paid Members Public
☠️ As part of sanctions against Russia🇷🇺, the EU has proposed disconnecting 20 more banks from the SWIFT system The 17th sanctions package includes the proposal to disconnect 20 more banks from the SWIFT system. It also covers expanded restrictions against the Russian Direct Investment Fund (RDIF), measures targeting the Nord
⬆️ Russia 🇷🇺: Updates on the digital ruble and its integration into anti-money laundering legislation Paid Members Public
⬆️ Russia 🇷🇺: Updates on the digital ruble and its integration into anti-money laundering legislation Compliance with AML/CFT regulations will be jointly monitored by commercial banks and the regulator, according to a law passed by the Federation Council on May 20. ➡️ The initial draft of the bill placed anti-money laundering oversight
🤓 Leading the way: in 2024, the Russian 🇷🇺 darknet cryptocurrency market grew by 68% Paid Members Public
🤓 Leading the way: in 2024, the Russian 🇷🇺 darknet cryptocurrency market grew by 68% While similar markets worldwide declined by 15%. 🔸 Context: Mainly referring to the Russian marketplace “Kraken” on the darknet — unrelated to the U.S. exchange of the same name. According to Chainalysis data, “Kraken” was the most profitable