politics

FinTech-Friendly Lithuania Raises Alarms After Russia’s Invasion of Ukraine 

FinTech-Friendly Lithuania Raises Alarms After Russia’s Invasion of Ukraine 
FinTech-Friendly Lithuania Raises Alarms After Russia’s Invasion of Ukraine 
February 28, 2022  |  Cross-border Payments

The home country of FinTech companies such as Revolut or the account-to-account payment platform Kevin recently declared a state of emergency in response to Russia´s...

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Russia Remains on SWIFT Over Fears of New Payments System
Russia Remains on SWIFT Over Fears of New Payments System
February 25, 2022  |  Cross-border Payments

The EU and the U.S. are formally signing off on sanctions against Russia in response to President Vladimir Putin’s decision to invade Ukraine, but the...

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Biden, European Leaders Double Down on Russia Sanctions
Biden, European Leaders Double Down on Russia Sanctions
February 24, 2022  |  Cross-border Payments

U.S. President Joe Biden and the leaders of the United Kingdom, dozens of European countries, Oceania and Japan announced sweeping sanctions on Thursday (Feb. 24)...

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US Lawmakers Urge Biden to Persuade EU to Change Digital Markets Act
US Lawmakers Urge Biden to Persuade EU to Change Digital Markets Act
February 24, 2022  |  Legal & Regulation

A bipartisan group of 30 lawmakers sent a letter to President Joe Biden urging him to talk to EU leaders and persuade them to change...

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Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets
Ukraine Caps Cash Withdrawals, Suspends Use of Digital Wallets
February 24, 2022  |  Cross-border Payments

Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals...

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Biden Mulls Barring US Banks From Processing Transactions From Russian Banks
Biden Mulls Barring US Banks From Processing Transactions From Russian Banks
February 21, 2022  |  Legal & Regulation

The Biden administration is preparing sanctions against Russia that would come with banning U.S. financial institutions from processing transactions from Russia’s biggest banks if Russia...

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Canada Sanctions 34 Crypto Wallets, Investigates ‘Freedom Convoy’ Donations
Canada Sanctions 34 Crypto Wallets, Investigates ‘Freedom Convoy’ Donations
February 16, 2022  |  Cryptocurrency

The Ontario Provincial Police and Royal Canadian Mounted Police have ordered companies to stop doing transactions from 34 crypto wallets, which they’ve tied to the...

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GOP Senators Oppose Raskin for Fed Job, Block Vote
GOP Senators Oppose Raskin for Fed Job, Block Vote
February 15, 2022  |  Legal & Regulation

Republicans in the Senate have blocked a vote on some of President Biden’s Federal Reserve nominees, The Wall Street Journal reported Tuesday (Feb. 15), as...

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