The international payment system WebMoney announced the suspension of all operations with ruble wallets (WMP and WMR). The funds in the wallets are frozen and will later be returned to the owners. About how exactly the refund will be made, the company promises to inform additionally.

WebMoney explained the termination of work with ruble wallets by revoking the license from the Conservative Commercial Bank (KKB), which acts as the settlement bank of the system.

“We regret that such an unfriendly step on the part of the Central Bank of Russia made it inaccessible to work with ruble wallets for millions of WebMoney users. The system will make all available legal and financial efforts to promptly compensate for the cost of blocked instruments,” WebMoney said in a statement.