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Russia vows to continue Mir bankcard expansion after new U.S. sanctions

Mir Russia central bank Moscow US Treasury

FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. A sign reads: "Bank of Russia". REUTERS/Maxim Shemetov

Russia's central bank on Friday pledged to keep expanding the number of countries that accept its Mir bank cards after new U.S. sanctions targeting people and entities accused of helping Moscow skirt financial sanctions.

The United States on Thursday sanctioned the chief executive of the Bank of Russia's National Card Payment System (NSPK), which runs Mir, saying it was seeking to hold the Russian government accountable for its Feb. 24 invasion and continuing war against Ukraine.

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