sanctions

Russian-Built Payment System Capitalizes on Visa, Mastercard Exit

Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022  |  Credit Cards

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in...

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Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
April 12, 2022  |  Cryptocurrency

Here’s a tip: If you’re going to go give a speech on crypto at a conference run by a country under stiff sanctions, maybe don’t...

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Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
March 17, 2022  |  Cryptocurrency

In cryptocurrency news, Coinbase might see another $1.26 billion in revenue from its NFT segment, according to Needham analyst John Todaro, Coindesk wrote Thursday (March...

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Singapore Issues Financial Sanctions on Russia
Singapore Issues Financial Sanctions on Russia
March 14, 2022  |  Cross-border Payments

Singapore’s central bank is the latest financial institution to take economic measures against Russia for its invasion of Ukraine, Bloomberg reported Monday (March 14). Get...

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MoneyGram Suspends Service in Russia
MoneyGram Suspends Service in Russia
March 13, 2022  |  Cross-border Payments

MoneyGram plans to quit offering its services in Russia over that country’s ongoing invasion of Ukraine, a company statement said Friday (March 11). Get the...

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DOJ to Crack Down on Russian Oligarchs And Their Networks
DOJ to Crack Down on Russian Oligarchs And Their Networks
March 13, 2022  |  Cross-border Payments

The Justice Department plans to investigate people, banks and cryptocurrency exchanges that have helped rich Russians hide or launder their money, Bloomberg reported Friday (March...

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Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
March 08, 2022  |  Cryptocurrency

Russian investors will likely be conducting transactions in bitcoin and other cryptocurrencies in spite of sanctions, Bloomberg reported Tuesday (March 8). Get the Full Story...

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Discover/Diners Club Suspends All Actions in Russia
Discover/Diners Club Suspends All Actions in Russia
March 08, 2022  |  Credit Cards

The Discover card network said Tuesday (March 8) it has no active partners in Russia and Belarus, and that its Discover, Diners Club, Network Alliance...

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