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Last updated: June 16, 2025, 22:18  |  Written by: Changpeng Zhao

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Coinbase Ceo Brian Armstrong Has

Russian Oligarchs Unlikely to Use Crypto to Dodge Sanctions

The heads of some of the world’s biggest centralized crypto exchanges (CEXes) have hit back against critics who claim crypto could be used by Russian oligarchs attempting to evade

Coinbase CEO Brian Armstrong has responded to the spreading fears that Russia could use cryptocurrencies to skirt sanctions. He said there wasn't a high risk of

In A Twitter Post Earlier

Cryptocurrency companies resist pressure to close

Russian oligarchs might not fancy crypto to evade sanctions, says

In a twitter post earlier today, Coinbase CEO Brian Armstrong cast doubt on whether Russian oligarchs would actually use crypto, saying that the open, and transparent nature of digital

The Latest Take Comes From

The latest take comes from Brian Armstrong, Coinbase CEO, who believes “everyone deserved access to basic financial services unless the law says otherwise.” The

Russian oligarchs probably aren’t using crypto to evade sanctions

Coinbase CEO: Crypto a Lifeline for Russians, and We

And In The Middle Of

Coinbase CEO explains, Why Russian Oligarchs may avoid Crypto?

Coinbase CEO Doubts Russian Oligarchs Will Turn to Crypto

And in the middle of all these, there’s a simple hypothesis that crypto could provide Russian oligarchs a way to circumvent sanctions. Of course crypto should be able to do this, given

Changpeng Zhao can be reached at [email protected].

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