“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

YEREVAN, July 24. /ARKA/. The “Golden Crown” payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

According to available information, the service’s app and website list Kyrgyzstan, Turkey, and Uzbekistan as available transfer destinations from Russia, while Armenia, Georgia, Azerbaijan, and Kazakhstan are not listed.

Golden Crown’s customer support told RBC that some transfer destinations are currently unavailable. The operator did not specify a full list of affected countries, the reasons for the restrictions, or a timeframe for lifting them.

At the time of publication, Golden Crown had not issued an official statement banning or completely stopping transfers to Armenia and other countries.

The restrictions arose after RNKO Payment Center, the operator and settlement center of the Golden Crown payment system, was included in the EU’s new sanctions list.

spot_img

POPULAR

ACBA Federation summarizes achievements for 2025

YEREVAN, August 13. /ARKA/. The ACBA Federation, dedicated to fostering innovative agriculture in Armenia, enhancing sector competitiveness, and empowering communities, has summed up its activities for the year 2025.

Market capitalization exceeded 426 billion drams in July – Armenia Securities Exchange

Equity market capitalization exceeded 426 billion drams in July 2026, the press service of the Armenia Securities Exchange (AMX) reported.

Central Bank of Armenia makes it easier to open and fund e-wallets

YEREVAN, August 11. /ARКА/. The Board of the Central Bank of Armenia has sanctioned changes to the regulations governing the issuance and utilization of electronic money, with the goal of fostering a more efficient and competitive payment landscape.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

AMX conducts government bond auction totaling 40 billion drams

YEREVAN, August 11. /ARKA/. On August 11, the Armenia Securities Exchange (AMX) executed a government bond auction amounting to 40 billion drams, as reported by the exchange's press service.

LATEST NEWS

spot_imgspot_imgspot_img