A pedestrian walks with an umbrella outside the Embassy of the Russian Federation in Washington DC, US, Feb 22, 2022 WASHINGTON: The US on Monday imposed sanctions on a collection of fintech firms and people, mostly in Russia,
Included in Monday's sanctions are a group of Moscow-based fintech companies and a Russia and UAE-based virtual currency exchange, among others. “Russia is increasingly turning to alternative payment mechanisms to circumvent US sanctions and continue to fund its war against Ukraine,” Treasury Under Secretary Brian E. Nelson.
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