sanctions
🙈 Europe: Belarusian Alfa-Bank 🥔 Mastercard cards to stop working from April 21 Paid Members Public
🙈 Europe: Belarusian Alfa-Bank 🥔 Mastercard cards to stop working from April 21 In late March, Visa was the first to introduce similar restrictions; Mastercard has since followed suit, according to reports. 📌 The restrictions will affect EU countries, as well as the non-EU states of the United Kingdom🇬🇧, Iceland🇮🇸, Liechtenstein🇱🇮, and Norway�
⛔️ Visa banned card transactions of three Belarusian banks in the European Union (as well as in the United Kingdom🇬🇧, Iceland🇮🇸, Liechtenstein🇱🇮 and Norway🇳🇴) Paid Members Public
⛔️ Visa banned card transactions of three Belarusian banks in the European Union (as well as in the United Kingdom🇬🇧, Iceland🇮🇸, Liechtenstein🇱🇮 and Norway🇳🇴) The restrictions were introduced on March 18 and 19 affecting Belgazprombank, Belagroprombank and Alfa-Bank (Belarus). ➡️ Cards issued by these institutions can no longer be used within the
⚠️ Stripe Faces Regulatory Scrutiny After Acquiring Bridge Paid Members Public
⚠️ Stripe Faces Regulatory Scrutiny After Acquiring Bridge After acquiring Bridge, the crypto startup specialized in stablecoin infrastructure, it emerged that its platform had been linked to transactions involving entities and high-risk activities that attracted regulatory attention. This situation could have significant consequences for Stripe, which acquired Bridge for $1.1
☠️ 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
⚡️UnionPay 🇨🇳 considers reactivating international payments for Russian clients 🇷🇺 Paid Members Public
⚡️UnionPay 🇨🇳 considers reactivating international payments for Russian clients 🇷🇺 This was announced by VTB Bank president Andrey Kostin during a VTB Private Banking meeting. ➡️ UnionPay cards allow users to pay for goods, services, and withdraw cash in more than 150 countries. ➡️ In the past, around ten Russian financial institutions issued UnionPay
🧐 Italian authorities 🇮🇹 demand that UniCredit exit Russia 🇷🇺 Paid Members Public
🧐 Italian authorities 🇮🇹 demand that UniCredit exit Russia 🇷🇺 The Italian regulator is threatening to block the acquisition of local bank Banco BPM unless UniCredit reduces its presence in Russia. Another condition would be to limit lending activity on Russian territory. 🎀 UniCredit’s Russian subsidiary, UniCredit Bank, is a legal Russian entity.
☠️ In India🇮🇳, at the request of the U.S.🇺🇸, Alexey Beshchekov, one of the administrators of the cryptocurrency exchange Garantex🇷🇺, was arrested Paid Members Public
☠️ In India🇮🇳, at the request of the U.S.🇺🇸, Alexey Beshchekov, one of the administrators of the cryptocurrency exchange Garantex🇷🇺, was arrested The arrest occurred following a request from the United States. ➡️ The charges against Beshchekov, who appears to be a Lithuanian🇱🇹 citizen, include money laundering, sanctions violations, and illegal
⛔️ HSBC🇬🇧 Stops Processing Payments for Retail Customers in Russia🇷🇺 and Belarus🥔 Paid Members Public
⛔️ HSBC🇬🇧 Stops Processing Payments for Retail Customers in Russia🇷🇺 and Belarus🥔 Payments related to these countries may now face additional reviews or be rejected outright. ▶️ According to Reuters, HSBC is one of the European banks "*particularly sensitive*" to scrutiny by U.S. authorities. For instance, the bank has