Science and technology, explained simply
As part of its commitments to the International Monetary Fund (IMF), the Board of the National Bank of Ukraine has approved a strategy that includes easing currency restrictions, moving to greater exchange rate flexibility, and returning to inflation targeting. This is stated in the NBU’s announcement. “The development of this Strategy was a key component […]
Russians who want to save their money amid the June 24 military coup attempt have started buying up Tether cryptocurrency. Bloomberg writes about this, citing data from CCData, a research company specializing in the crypto market. According to CCData, the volume of trading in stablecoin for rubles more than tripled in one day to about […]
The teams of the Ministry of Digital Transformation and the Deposit Guarantee Fund are working on a new service in Diia. Soon, Ukrainians will be able to apply for deposit compensation in a few clicks, check how much they are due, and receive funds to an existing or new account with eSupport at one of […]
State-owned PrivatBank, the market’s largest bank, which suspended acceptance of cash dollars and euros at its terminals in late May, will resume accepting them on June 22. This is stated in a statement on the bank’s website. It confirms that the suspension was related to the problem of accepting foreign banknotes with signs of significant […]
Russians living in Europe have begun to complain about restrictions on transactions on their cards and accounts at Revolut Bank. This was reported by the Russian edition of Forbes. The Lithuanian-registered Revolut bank is one of the key banks for Russians who leave for Europe because they do not support Russia’s military invasion of Ukraine […]
On May 6, Law No. 3048-IX “On Amendments to Certain Laws of Ukraine Regarding Certain Peculiarities of the Organization of Enforcement of Court Decisions and Decisions of Other Bodies during Martial Law” came into force. This regulatory act amends the Laws of Ukraine “On Enforcement Proceedings” and “On Bodies and Persons Enforcing Court Decisions and […]
The approximate deadline for obtaining a license is May 5, but the service is looking for options to resume accepting payments as soon as possible The WayForPay payment service has announced that it has suspended payment acceptance, explaining it by the actions of the National Bank. This is stated on its website. “Due to the […]
The company tried to return the money, but decided not to chase those who had already spent it. The Google Pay payment service mistakenly transferred money to the accounts of users of its mobile program. The details are revealed by Ars Technica, citing Android researcher Mishaal Rahman. Many people received from $10 to $1000 as […]
A ten-year economic program worth $8.7 trillion was launched in Dubai to transform the city into one of the world’s financial capitals. This was announced by Sheikh Mohammed bin Rashid Al Maktoum of Dubai, writes CNBC. “Dubai will enter the top four global financial centers with an increase in foreign direct investment to more than […]
Russian ‘Sber’ will close its representative office in the United Arab Emirates at the beginning of 2023. The reason is that the office faced restrictions in its work due to sanctions. The Bell writes about it. ‘Unfortunately, due to the sanctions, we are facing serious restrictions on the work of our office in Abu Dhabi […]