3/7/2022 4:36:16 PM Russian banks turn to China to sidestep cutoff from payments systems By Sarah Wolter Sberbank, Russia’s largest bank by assets, Alfa Bank and Tinkoff Bank said Sunday they were working on the possibility of issuing cards...
3/4/2022 4:43:41 PM Ethereum's Infura cuts off users to separatist areas in Ukraine, accidentally blocks Venezuela By Sarah Wolter Venezuelan users of two major ConsenSys software products, MetaMask and Infura, found themselves all but cut off from the Ethereum...
3/3/2022 10:21:20 PM In move to sanction Russia, Switzerland breaks from long tradition By Sarah Wolter In a sharp break with its long-standing neutrality, Switzerland announced that it would join the European Union in imposing sanctions on...
3/3/2022 1:47:18 PM Credit Suisse caught trying to shred evidence of loans to Russian oligarchs backed by superyachts and private jets By Sarah Wolter According to reports in the FT, CS has quietly been offloading risks from its exposure to U.S.-sanctioned Russian oligarchs, after this...
3/1/2022 1:52:18 PM Visa, Mastercard block Russian financial institutions after sanctions By Sarah Wolter The government sanctions require Visa to suspend access to its network for entities listed as Specially Designated Nationals. The United...
2/25/2022 5:20:10 PM Joined by allies and partners, the United States imposes devastating costs on Russia By Sarah Wolter The sanctions announced include cutting off Russia’s largest bank from the U.S. financial system – which is a significant blow to its...