RUSSIAN CENTRAL BANK REJECTS PLAN TO USE CRYPTO TO EVADE SANCTIONS

Last updated: June 16, 2025, 05:31  |  Written by: Jesse Powell

Russian Central Bank Rejects Plan To Use Crypto To Evade Sanctions
Russian Central Bank Rejects Plan To Use Crypto To Evade Sanctions

Experts reject concerns Russia will use crypto to bypass

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Foreign Banks Were Refusing To

Foreign banks were refusing to accept payments from Russia for fear of secondary US sanctions. Payments are vulnerable to sanctions when they are made in

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The Russian Central Bank has rejected a plan to allow the use of crypto to circumvent sanctions. This, according to the monetary authority, is unlikely to happen because

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Russian Central Bank Rejects Plan to Use Crypto to Evade Sanctions

Jesse Powell can be reached at [email protected].

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