Russia aims to evade Western sanctions with cryptocurrencies and digital assets

Russia’s Central Bank told businesses to use “multi-option solutions” including cryptocurrencies and other digital assets to circumvent western-imposed sanctions and facilitate payments with foreign partners. Russia’s booming trade with China, India, Turkey and other non-sanctioned countries has suffered major setbacks in the past few weeks. Recent Western sanctions have also targeted key Russian financial institutions, … Continue reading Russia aims to evade Western sanctions with cryptocurrencies and digital assets