Russia

TikTok Stops Livestreaming in Russia Over ‘Fake News’ Law

TikTok Stops Livestreaming in Russia Over ‘Fake News’ Law
TikTok Stops Livestreaming in Russia Over ‘Fake News’ Law
March 06, 2022  |  Cross-border Payments

TikTok announced Sunday (March 6) it won’t allow livestreaming in Russia because of the country’s “fake news” law, intended to silence dissent and cut down...

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Russian Banks Look to China’s UnionPay to Issue Cards
Russian Banks Look to China’s UnionPay to Issue Cards
March 06, 2022  |  Cross-border Payments

Numerous Russian banks have said they plan to begin issuing cards using the Chinese UnionPay card operator system, combined with the Mir network from Russia,...

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S&P Dow Jones Strips Russian Stocks From Indexes
S&P Dow Jones Strips Russian Stocks From Indexes
March 06, 2022  |  Markets

S&P Dow Jones Indices announced Friday (March 4) that it will remove stocks listed or domiciled in Russia from its benchmarks because of the country’s...

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Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
March 05, 2022  |  Payment Methods

The world’s two largest credit card and digital payment processors both announced Saturday (March 5) that they were suspending operations in Russia in response to...

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Russian Invasion Prompts Companies to Rethink IPOs
Russian Invasion Prompts Companies to Rethink IPOs
March 04, 2022  |  IPO

Businesses with planned initial public offerings (IPOs) are hitting the pause button to rethink their strategy in light of Russia’s attack on Ukraine, the Wall...

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Citing Libertarian Values, CEOs of Crypto Exchanges Won’t Cut Off Russian Customers
Citing Libertarian Values, CEOs of Crypto Exchanges Won’t Cut Off Russian Customers
March 04, 2022  |  Cryptocurrency

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Ukraine Receives $20M From Bitcoin, Ethereum Donors
Ukraine Receives $20M From Bitcoin, Ethereum Donors
March 04, 2022  |  Cryptocurrency

Ukraine’s government has received $20 million in donations in bitcoin and ethereum in the wake of Russia’s invasion of the country. Get the Full Story...

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Russia Offers Fast Bankruptcies to Firms Leaving Country
Russia Offers Fast Bankruptcies to Firms Leaving Country
March 04, 2022  |  Cross-border Payments

Foreign businesses that want to get out of Russia can either receive fast-track bankruptcy protection or turn their operations over to local managers, the country’s...

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