On Saturday, Visa (NYSE:V), Mastercard (NYSE:MA), and PayPal (NASDAQ:PYPL) announced they would be suspending operations in Russia following the country’s military actions in Ukraine. Visa called Russia’s actions an “unprovoked invasion” while Mastercard said its decision was aimed at supporting the Ukrainian people. The following day, American Express (NYSE:AXP) made a similar announcement, saying it would stop operations in both Russia and neighboring Belarus.
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Source: Cryptocurrency - investing.com
