Russia

US Treasury Adds Crypto Rules to Russia Sanctions

US Treasury Adds Crypto Rules to Russia Sanctions
US Treasury Adds Crypto Rules to Russia Sanctions
February 28, 2022  |  Cryptocurrency

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...

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Uber Speeds Up Sale of Stake in Moscow’s Yandex Taxi
Uber Speeds Up Sale of Stake in Moscow’s Yandex Taxi
February 28, 2022  |  Cross-border Payments

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...

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Today in Crypto: Binance, Kraken Refuse Ukraine’s Request to Freeze Crypto Accounts; Goldman Execs Leave Banking for Crypto Firms
Today in Crypto: Binance, Kraken Refuse Ukraine’s Request to Freeze Crypto Accounts; Goldman Execs Leave...
February 28, 2022  |  Cryptocurrency

The Ukrainian government has been buying important supplies, including gas, food and military equipment, using cryptocurrencies, CoinDesk reported Monday (Feb. 28). Get the Full Story...

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Wise, Remitly Suspend Money Transfer Services to Russia
Wise, Remitly Suspend Money Transfer Services to Russia
February 28, 2022  |  Cross-border Payments

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...

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EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth Fine of $5.7M
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth...
February 28, 2022  |  Cross-border Payments

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...

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Switzerland Breaks Neutrality, Freezes Russia’s Assets
Switzerland Breaks Neutrality, Freezes Russia’s Assets
February 28, 2022  |  Cross-border Payments

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...

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Citigroup’s Russian Exposure at $5.4B
Citigroup’s Russian Exposure at $5.4B
February 28, 2022  |  Cross-border Payments

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...

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Russian Cryptocurrencies Could Be Part of Future Sanctions
Russian Cryptocurrencies Could Be Part of Future Sanctions
February 28, 2022  |  Cryptocurrency

If the President Joe Biden administration gets its way, the latest economic sanction against Russia for invading Ukraine will be a disruption of its cryptocurrency...

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