The Justice Department plans to investigate people, banks and cryptocurrency exchanges that have helped rich Russians hide or launder their money, Bloomberg reported Friday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As Ukrainian Foreign Minister Dmytro Kuleba continues pressing Russian Foreign Minister Sergei Lavrov for a ceasefire in Ukraine that hasn’t held so far, FinTechs are taking some matters into their own hands, getting various forms of aid to embattled Ukrainians. Get the Full Story Complete...
In today’s top Europe, Middle East and Africa news, Revolut’s chief revenue officer is planning on leaving the U.K.-based financial company to launch a cryptocurrency platform, and luxury resale platform Yoox Net-A-Porter debuted a menswear resale line. Get the Full Story Complete the form to...
Revolut, the global financial super app, has raised more than 10 million euros ($10.9 million) to support victims of the war in Ukraine through donations to the Red Cross Ukraine appeal, the Stockholm-based company announced. Get the Full Story Complete the form to unlock this...
Revolut, the global financial super app, has raised more than 10 million euros ($10.9 million) to support victims of the war in Ukraine through donations to the Red Cross Ukraine appeal, the Stockholm-based company announced. Get the Full Story Complete the form to unlock this...
As Ukrainians flee heavy fighting from Russian forces, the Eastern European nation has received nearly $100 million in cryptocurrency donations, according to Alex Bornyakov, Ukraine’s spokesperson, CoinDesk.com reported Wednesday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top Europe, Middle East and Africa news, McDonald’s chief financial officer has predicted the fast-food chain will lose $50 million per month, or 5 cents to 6 cents per share for shutting its Russian eateries, and Visa is collaborating with Abu Dhabi-based FinTech...
The Bank of Russia has imposed a six-month restriction on local companies’ access to foreign currency cash in an effort to preserve hard currency amid sanctions against the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While McDonald’s is still calculating the actual cost of temporarily shuttering its eateries in Russia, the world’s largest fast-food restaurant chain estimates it will lose around $50 million per month, or roughly 5 cents to 6 cents per share, CFO Kevin Ozan said during a...
