However, this method, at the end, felt too costly and clunky for Alexander to use regularly, he said. Now, he’s looking into more traditional, fiat remittance options that still work for Russian citizens. For example, KoronaPay, a Cyprus-registered fintech company, allows users to send money between Russia and multiple other countries, including some in the European Union, similar to what Western Union does.
Crypto Becomes Lifeline for Russian Emigrés Opposing Putin’s War in Ukraine
