Russia

Why Removing Russia From SWIFT Won’t Be Simple

Why Removing Russia From SWIFT Won’t Be Simple
Why Removing Russia From SWIFT Won’t Be Simple
February 25, 2022  |  Cross-border Payments

President Joe Biden announced this week that the U.S. and Europe and other allies were stepping up their sanctions against Russia over its invasion of...

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War in Ukraine Poses First Big Test for Bitcoin as a Haven in Times of Crisis
War in Ukraine Poses First Big Test for Bitcoin as a Haven in Times of...
February 25, 2022  |  Bitcoin

It’s hard to argue that the case for bitcoin as a store of value that, like gold, provides a hedge against inflation has been badly...

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Hacking Group Anonymous Wages ‘Cyber War’ Against Russia
Hacking Group Anonymous Wages ‘Cyber War’ Against Russia
February 25, 2022  |  Cross-border Payments

Hacking collective Anonymous has declared a “cyber war” against Russia in response to Russia’s actual war in Ukraine. Get the Full Story Complete the form...

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Ukraine Revokes Licenses of Russian Banks Sberbank, VEB
Ukraine Revokes Licenses of Russian Banks Sberbank, VEB
February 25, 2022  |  Cross-border Payments

Aside from dealing with banking sanctions from United States, European Union and British leaders, Russia’s financial services were further handicapped when the National Bank of...

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VTB: Sanctions Will Limit Card Use Outside Russia
VTB: Sanctions Will Limit Card Use Outside Russia
February 25, 2022  |  Cross-border Payments

Russian lender VTB said Western sanctions on its operations would limit the use of its cards outside Russia, and warned customers in other nations to...

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Ukraine’s Tech Outsourcing Sector Plunges Amid Russian Occupation
Ukraine’s Tech Outsourcing Sector Plunges Amid Russian Occupation
February 25, 2022  |  Cross-border Payments

The booming outsource tech sector from the Ukraine is at risk following the Russian invasion Thursday (Feb. 24), The Wall Street Journal reported. Get the...

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Social Media Platforms Face a Difficult Situation to Deal with Misinformation 
Social Media Platforms Face a Difficult Situation to Deal with Misinformation 
February 25, 2022  |  Legal & Regulation

Big Tech companies, and in particular social media platforms, face a new situation where content moderation and removal of misinformation will be of utmost importance....

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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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