How Some Crypto Companies Plan To Thwart Possible Russian Sanctions Evasion
In response to Russia’s invasion of Ukraine, the Biden administration on Thursday enacted the new measures to hurt the country’s financial system. They include locking assets of large Russian banks, imposing export controls and sanctioning business oligarchs, the president said. But there is some fear that wealthy individuals close to Russian President Vladimir Putin could use cryptocurrency to get around the various sanctions, according to a New York Post report....