Governments from around the world have imposed a series of sanctions aimed at cutting off Moscow from the global financial system.
On Monday, Mastercard said it had "blocked multiple financial institutions" from its payment network, without naming companies or individuals. "We will continue to work with regulators in the days ahead to abide fully by our compliance obligations as they evolve," the company added.
The wide-ranging sanctions have caused a plunge in the value of the Russian ruble. Citizens in Russia have also beenMeanwhile, Ukraine's Vice Prime Minister Mykhailo Fedorov called on major cryptocurrency exchanges to block the addresses of Russian users., as cryptocurrencies are not owned or controlled by a single entity like a central bank., but stressed that it will not "unilaterally" freeze the accounts of all Russian users.
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