Russia/page/2 news and trends

Russian FinTech Allegedly Laundered $6.9 Billion Via Global Banks

September 22, 2026
money laundering
Russia’s Biggest Bank Aims to Enter the Crypto Space
Cryptocurrency // July 06, 2026

Russia’s biggest bank reportedly plans to offer a crypto wallet and digital depository this year. That’s according to a report Monday (July 6) from CoinDesk, which says this move will bring Sberbank into a market Russia has spent years hoping to contain. The new services will become part of...

EU Weighs Sanctioning Russia-Connected A7A5 Stablecoin
Cryptocurrency // October 07, 2025

The European Union reportedly proposed sanctions on a ruble-backed stablecoin called A7A5. The coin is tied to Russians who are themselves under sanctions, Bloomberg reported Monday (Oct. 6), citing EU documents. The restrictions would prohibit any engagement, directly or indirectly, by EU-based entities in transactions...

Russian Government Allegedly Involved in US Court Filing System Data Breach
Cybersecurity // August 12, 2025

The Russian government is allegedly “at least in part responsible” for a data breach targeting the U.S. court filing system, PACER. The hackers searched for “midlevel criminal cases” in several jurisdictions, including New York City, TechCrunch reported Tuesday (Aug. 12), citing a paywalled article by The New York Times that...

US Impending Ban on Software Sparks Concerns Over Connected Car Future
Legal & Regulation // January 14, 2025

The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Automakers, including General Motors, Toyota, Hyundai and Volkswagen, are calling for a delay in the rule’s enforcement, citing...

Interviews & Exclusives
US Impending Ban on Software Sparks Concerns Over Connected Car Future

January 14, 2025
The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Automakers, including General Motors, Toyota, Hyundai and Volkswagen, are calling for a delay in the rule’s enforcement, citing potential disruptions to production timelines. The ban, which targets components […]

Auto Verification of Bank Account Owners Is Key to Sanctions Compliance

May 27, 2022
Sanctions have been dominating headlines. Nithai Barzam, COO of nsKnox, a corporate payment security company, told PYMNTS’ Karen Webster that beyond the sanctions that have been designed to rock Russia...

S&P Dow Jones Strips Russian Stocks From Indexes

March 06, 2022
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 invasion of Ukraine. This will...

Citing Libertarian Values, CEOs of Crypto Exchanges Won’t Cut Off Russian Customers

March 04, 2022
Asking cryptocurrency exchanges to block the addresses of their Russian users last weekend, Ukraine’s Vice Prime Minister Mykhailo Fedorov said: “It’s crucial to freeze not only the addresses linked to...

Quick Reads
Russian FinTech Allegedly Laundered $6.9 Billion Via Global Banks

September 22, 2026
Some of the world’s largest banks have reportedly handled billions of dollars for a Kremlin-backed FinTech that used forgery to enter the international financial system. An investigation by the Financial Times (FT) published Monday (Sept. 21) found that A7, a company established as an alternative to western payment systems, used “old-fashioned money laundering” to move […]

Russia’s Biggest Bank Aims to Enter the Crypto Space

July 06, 2026
Russia’s biggest bank reportedly plans to offer a crypto wallet and digital depository this year. That’s according to a report Monday (July 6) from CoinDesk, which says this move will bring Sberbank into a...

EU Weighs Sanctioning Russia-Connected A7A5 Stablecoin

October 07, 2025
The European Union reportedly proposed sanctions on a ruble-backed stablecoin called A7A5. The coin is tied to Russians who are themselves under sanctions, Bloomberg reported Monday (Oct. 6), citing EU...

Russian Government Allegedly Involved in US Court Filing System Data Breach

August 12, 2025
The Russian government is allegedly “at least in part responsible” for a data breach targeting the U.S. court filing system, PACER. The hackers searched for “midlevel criminal cases” in several jurisdictions,...