EU cracks down on cash transactions — RT Business News

EU cracks down on cash transactions — RT Business News

Source link The bloc is broadening anti-money laundering measures to include cryptocurrency, luxury goods, and football Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews The European Union has put together a preliminary agreement that includes a €10,000 cap on cash payments to address […]

Dollar losing share in oil transactions – JP Morgan — RT Business News

Dollar losing share in oil transactions – JP Morgan — RT Business News

Source link A fifth of global supplies were sold and purchased in other currencies, according to analysts’ estimates Global consumers and exporters of crude are now managing without dollar-denominated trade deals, the Wall Street Journal reported this week, citing the head of global commodities strategy at JPMorgan Chase, Natasha Kaneva. The report comes a day […]

EU island nation bans Russian ruble transactions – media — RT Business News

EU island nation bans Russian ruble transactions – media — RT Business News

Source link The government of Cyprus has ordered the country’s banks to stop all transactions using the Russian ruble, the newspaper Politis reported on Tuesday. The outlet explained that the ban comes as part of an investigation into reported violations of the EU sanctions against Russia. It doesn’t specify when the ban came into force. […]