to integrate QR code payments for customers. On February 11, 2022, the Central Bank of Russian Federation revoked the license of KKB Bank JSC, the guarantor and the settlement bank for WebMoney's Russian ruble wallets, freezing WebMoney's funds on KKB's accounts. In Ukraine In June 2013, the Ukrainian government seized computer equipment from the Ukrainian guarantor and froze 60 million UAH (US$7.5 million) of funds residing on guarantor's accounts in Ukraine, causing Ukrainian WebMoney transactions to be blocked. Officials of the Ministry of Revenues and Duties of Ukraine said that there were major irregularities in the operations of the company acting as the Ukrainian guarantor, and that the rules of the operation of the payment system were not agreed with the National Bank of Ukraine. The ministry described WebMoney as an "illegal system" that was suspected of being used for money laundering and tax evasion, and the central bank said that WebMoney did not have a licence to operate in Ukraine. WebMoney transactions resumed in Ukraine the following week. In March 2015, the Ukrainian guarantor's bank accounts were released after a court ruling. Later that year, the National Bank of Ukraine and the State Savings Bank of Ukraine partnered with WebMoney.UA. In May 2018, the National Bank of Ukraine has abolished the registration of the inner-state payment system WebMoney.UA (the subsidiary of 'Financing company ElMI', Kyiv) as it was put on the sanctions list of the National Security and Defense Council of Ukraine. References External links Digital currencies Financial services companies established in 1998 Internet properties established in 1998 Payment service providers Privately held companies of Russia Online financial services companies of Russia Companies based in Moscow Payment systems Financial technology companies Mobile payments