As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian elite may use them to circumvent restrictions, ordinary Russians are also likely to keep trading digital coins on foreign platforms. Cryptocurrencies Deemed Potential Tool for Russian Billionaires Bypassing Sanctions U.S. and EU sanctions, imposed in response to Moscow’s military assault on Ukraine, are threatening the ability of Russia, and its elites, to do businesses in dollars and euros. However,…
Sanctions May Not Affect Russia’s Access to Crypto, Reports Claim – Bitcoin News
