Mmastodon WorldEU Politics first seen 5 h ago, last 1 h ago, peak #1
EU sanctions cripple Golden Crown transfers from Russia
Original: # EU sanctions on russian money-transfer service Golden Crown sharply disrupted cross-border payments. August transfers
EU sanctions on the Russian money-transfer service Golden Crown have sharply disrupted cross-border payments. Data from regulators show that transfers from Russia to Kazakhstan in August fell nearly twelvefold, while those to Georgia dropped to their lowest level in more than two decades. The figures underline how the measures have cut off key payment channels used for remittances between Russia and neighbouring countries.
Why now: New regulator data show the dramatic scale of the payment collapse caused by the EU sanctions.
Golden CrownEuropean UnionRussiaKazakhstanGeorgia
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- # EU sanctions on russian money-transfer service Golden Crown sharply disrupted cross-border payments. August transfers from russia to Kazakhstan fell nearly 12-fold, and those to Georgia hit an over-20-year low, regulator data show. https:// meduza.io/en/news/2026/10/01/m… · EugeneMcParland@mastodon.ie · 15
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