Further, I know a few small businesses that have had large sums of money locked up by services like paypal without any communication. Crypto also provides far more protection from issues like that.
Further, I know a few small businesses that have had large sums of money locked up by services like paypal without any communication. Crypto also provides far more protection from issues like that.
> Stripe currently does not support users located in Russia, Ukraine and Belarus. While users with direct or indirect activities involving Russia, Belarus, and Ukraine are not broadly considered prohibited by Stripe at this time, all major credit card networks have announced that they are ceasing services to Russian financial institutions. Additionally, Stripe will not process transactions involving sanctioned Russian financial institutions and does not support Mir. This means transactions involving Russian-issued cards are likely to be unsuccessful. We encourage you to ensure compliance with relevant sanctions regulations in your jurisdiction.
https://support.stripe.com/questions/impact-of-sanctions-on-...
This is pretty common (simply by the size of the investments), and Yuri Milner's DST Global was in some funding rounds so they probably have a big stake.
Yuri Milner is exhibit A of how the offshore feeders fund a bunch of US tech startups, mostly for the alpha, but that also comes with influence
https://www.theatlantic.com/international/archive/2017/11/yu...
So, sanctions result in cutting off Russia, investors result in cutting off Ukraine ha.
[1] https://bam.kalzumeus.com/archive/moving-money-international...