EMEA

Binance’s 10K Euro Limit on Russian Accounts Makes Payments Problematic

Binance’s 10K Euro Limit on Russian Accounts Makes Payments Problematic
Binance’s 10K Euro Limit on Russian Accounts Makes Payments Problematic
April 21, 2022  |  Cryptocurrency

Binance, the world’s largest cryptocurrency exchange, informed Russian customers Thursday (April 21) that it is cutting off all accounts with more than 10,000 euros (about...

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Money Automation Startup Flow Your Money Picks Up €3.5M
Money Automation Startup Flow Your Money Picks Up €3.5M
April 21, 2022  |  Investments

Money automation solutions startup Flow Your Money notched €3.5 million ($3.8 million) in seed funding led by Eleven Ventures, Silicon Canals reported Thursday (April 21)....

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Citing ‘Cryptoization’ as a Sanctions Threat, IMF Calls for Capital Controls
Citing ‘Cryptoization’ as a Sanctions Threat, IMF Calls for Capital Controls
April 21, 2022  |  Regulation

Citing sanction-busting fears that have grown since Russia’s invasion of Ukraine, the International Monetary Fund (IMF) has called for a global crackdown on cryptocurrencies that...

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Swedish Delivery Firm Instabox Raises $190M
Swedish Delivery Firm Instabox Raises $190M
April 21, 2022  |  Investments

Delivery service Instabox has raised $190 million in a growth equity round that valued the Swedish company at north of $1 billion. Get the Full...

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EU Could Unveil Digital Services Act on Friday, But Not a Done Deal 
EU Could Unveil Digital Services Act on Friday, But Not a Done Deal 
April 21, 2022  |  Big Tech

The European Union is planning to unveil its Digital Services Act (DSA) on Friday, according to the Financial Times. The DSA is a landmark law...

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Consumers Have the Power to Make Digital Platforms Rise and Fall
Consumers Have the Power to Make Digital Platforms Rise and Fall
April 21, 2022  |  Innovation

Platforms are not something new. Essentially, a platform business model is simply a way to connect two groups, whether it’s uniting buyers and sellers on...

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Le Monde CEO Says Big Tech Partnerships Key to Unlocking Digital Sub Growth
Le Monde CEO Says Big Tech Partnerships Key to Unlocking Digital Sub Growth
April 21, 2022  |  Subscriptions

Two words: Digital, English. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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WhatsApp Developing Subscription Plan for Business App
WhatsApp Developing Subscription Plan for Business App
April 21, 2022  |  Subscriptions

WhatsApp is working on offering business subscription plans that would let multiple employees of the same company chat with a single customer simultaneously, publication WABetinfo...

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Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022  |  Credit Cards

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in...

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