Ukraine imposes sanctions against 60 cryptocurrency companies that helped russia launder money
President Volodymyr Zelenskyy signed a decree on the imposition of sanctions against 60 legal entities that helped the russian federation withdraw assets through cryptocurrencies. And also against 73 Russian citizens, managers and owners of the listed companies, as well as officials of the Central Bank of the Russian Federation (in particular,…
Russia uses cryptocurrencies to circumvent international sanctions
Russian companies have started using Bitcoin and other digital currencies for international transactions following legislative changes aimed at circumventing sanctions, reports Reuters. Sanctions have made trading with allies like China and Turkey more complicated, as local banks are wary of working with Russian counterparts due to the risk of…
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