Federal Lawmakers Worry Russian Leaders Are Using Crypto To Avoid Sanctions
US federal lawmakers are expanding their efforts to track the potential use of cryptocurrency by Russian leaders and oligarchs to evade sweeping sanctions imposed on the country in response to its invasion of Ukraine. Economic advisers and crypto researchers have warned that bitcoin and other currencies could be used to fund Russia’s war efforts, and protect the wealth of its oligarchs.In a letter to Treasury Secretary Janet Yellen on Wednesday, […]
Post comments (0)