Mmastodon WorldEU Politics first seen 14 h ago, last 9 h ago, peak #1
EU sanctions cripple Russian money-transfer service Golden Crown
Original: # EU sanctions on russian money-transfer service Golden Crown sharply disrupted cross-border payments. August transfers
EU sanctions on Russian money-transfer service Golden Crown have sharply disrupted cross-border payments. Regulator data show 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 highlight how effectively the restrictions have cut off a key channel for moving money out of Russia to neighbouring countries.
Why now: Fresh regulator data reveal the dramatic scale of the sanctions' impact on remittance flows from Russia.
Golden CrownEuropean UnionRussiaKazakhstanGeorgia
Evidence
- # 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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