Russian banks propose temporary suspension of cash withdrawals to protect clients from fraud, introducing a 'cooling period' similar to ATM operations.
Ministry of Finance lists VAT-taxable payment operations
Russian Ministry of Finance clarifies new VAT rules for bank card operations, effective January 1, 2026. Card issuance, servicing, and acquiring now taxable.
Sberbank and T-Bank announced AI partnership at Finopolis-2025 in Sochi. Other major deals include BFT-Holding with TData, Kapital Life with Beeline, Rosselkhozbank with Rostelecom, NSPK with VTB, and Bank of Russia's Fintech Hub with Fintech Association.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.