Visa and Mastercard separately announced that they are both blocking numerous Russian financial institutions from their global card payment networks, in support of and compliance...
The U.S. government has said crypto exchanges shouldn’t facilitate transactions for individuals or entities that have been recently added to a sanctions list, including some...
Uber will be speeding up the sale of its stake in a taxi joint-venture with Yandex, a Russian internet search company, in the wake of...
The Ukrainian government has been buying important supplies, including gas, food and military equipment, using cryptocurrencies, CoinDesk reported Monday (Feb. 28). The coins were donated...
Both cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia due to the sanctions there and the ongoing...
In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of...
Switzerland is breaking with neutrality and freezing all of Russia’s assets in the country in a move to adopt the West’s sanctions against Russia due...
Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5...