Russia Is About to Try Using Crypto to Get Around Sanctions

Russia Is About to Try Using Crypto to Get Around Sanctions

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Source: Coindesk.com

Russia will start its trial of cross-border payments using crypto next week. Recent statements from senior Russian leaders suggest the law’s purpose is to use crypto to counter sanctions. The law hands power to Russia’s central bank to oversee an “experimental” regime.

Russia will begin trialing cross-border crypto payments

Read More https://www.coindesk.com/policy/2024/08/30/russia-is-about-to-try-using-crypto-to-get-around-sanctions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Russia Is About to Try Using Crypto to Get Around Sanctions" appeared first here Coindesk.com.

Source: Coindesk.com

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