Money Transfers Between Russia and Kazakhstan Fall Nearly 12-Fold After EU Sanctions on Zolotaya Korona Payment Service
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5 Articles
Money transfers between Russia and Kazakhstan fall nearly 12-fold after EU sanctions on Zolotaya Korona payment service
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.
Transfers from Russia to Kazakhstan have decreased significantly due to measures against the Golden Crown
Transfers from Russia to Kazakhstan have decreased significantly due to measures against the Golden Crown.In August 2026, the volume of money transfers from Russia to Kazakhstan decreased by almost 12 times, to 239 million tenge (45.5 million rubles)...
The volume of money transfers between Russia and Kazakhstan has decreased almost 12 times after the European Union (EU) imposed sanctions on the operator of the KoronaPay payment system at the end of July, according to data compiled by the Kazakhstan market regulator.
Remittances between Russia and at least two neighbouring countries — Kazakhstan and Georgia — declined sharply after the EU imposed sanctions against the operator of the Golden Crown payment system at the end of July.
Remittances from the RCs have fallen to an abnormal low, transmitting business.kz
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