In view of recent publications by a number of Russian and foreign media claiming that Evrofinance Mosnarbank provides the Petro cryptocurrency clearing services the Bank would like to state that those allegations are incorrect and not true.
Evrofinance Mosnarbank has never processed payments for buying or selling of Petro cryptocurrency.
Moreover, in light of the absence of legal framework for cryptocurrencies in the Russian Federation and in compliance with the recommendations of the Bank of Russia and Rosfinmonitoring Evrofinance Mosnarbank adopted a conservative compliance policy in respect of cryptocurrencies and does not process payments related to any cryptocurrency.