Here’s How Putin, Russia Could Use Bitcoin, Crypto to Bypass Sanctions

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The Street

By Luc Olinga The U.S and Europe have imposed financial sanctions on Russia, including President Vladimir Putin but Moscow could use crypto to circumvent them. Russia’s invasion of Ukraine prompted a barrage of financial sanctions aimed at isolating and punishing Moscow. The U.S and the European Union have already announced an unprecedented package of sanctions against Russia. Russian President, Vladimir Putin, and his minister of Foreign Affairs, Sergei Lavrov, are now targeted, in addition to more than twenty personalities from the business world. In addition, and more radically, The U.S and…

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