Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

Cryptocurrencies Unlikely to Assist Russia Evade Sanctions – Bitcoin Information

Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility of bitcoin and the like. Crypto Assets Not Viable Option for Sanctioned Russia, Moody’s Report Suggests …

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