{
  "id": 11239339,
  "title": "Money transfers between Russia and Kazakhstan fall nearly 12-fold after EU sanctions on Zolotaya Korona payment service",
  "url": "https://urgent.news/2026/10/01/money-transfers-between-russia-and-kazakhstan-fall-nearly-12-fold",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T16:37:31.000Z",
  "source": {
    "name": "Meduza (English)",
    "slug": "meduza-english",
    "url": "https://meduza.io/en/news/2026/10/01/money-transfers-between-russia-and-kazakhstan-fall-nearly-12-fold-after-eu-sanctions-on-zolotaya-korona-payment-service"
  },
  "original_language": "en",
  "account": "Money transfers between Russia and Kazakhstan plunged nearly 12-fold in August following EU sanctions on the Zolotaya Korona payment service, according to regulator data. In August, the value of individual transfers from Russia to Kazakhstan dropped to 239 million tenge (45.5 million rubles), a significant decline from previous levels. Kazakhstan-to-Russia transfers also fell more than 14-fold to 1.2 billion tenge (228.2 million rubles) during the same period. Transfers from Russia to Georgia hit their lowest level in over two decades at $5.1 million (426 million rubles) in August, while transfers in the opposite direction ceased entirely for the first time since records began. Experts cited Zolotaya Korona's business disruption as a key factor, noting the payment system's role in facilitating money transfers for Russian nationals to the Commonwealth of Independent States before Russia's invasion of Ukraine. Zolotaya Korona, operating since 2003, enables users to send and receive money without a bank account via online or cash-based partners. The EU's sanctions in July 2026 forced Zolotaya Korona to halt transfers to Azerbaijan, Belarus, Georgia, Kazakhstan, and other nations, marking a significant blow to the service's operations.",
  "summary": "Money transfers between Russia and at least two former Soviet republics — Kazakhstan and Georgia — fell sharply after the EU imposed sanctions on the operator of the Zolotaya Korona payment system in late July, according to data from regulators in both countries reviewed by RBC.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}