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Lagarde: Cryptos are being used to bypass sanctions
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Christine Lagarde, president of the European Central Bank, said Russian firms and individuals are using cryptocurrencies to bypass sanctions put in place by the west.
“They are certainly being used as a way to try to circumvent the sanctions that have been decided by many countries around the world against Russia,” Lagarde told the Bank for International Settlements’ Innovation Summit.
“In...
Read more on fnlondon.comAbout this in other media
EU mulls further sanctions to curb cryptos, banks and oligarch family members fnlondon.com /2 years ago
Crypto war aid for Ukraine: Are donations in Bitcoin an innovation or just a sideshow? euronews.com /2 years ago
Japan plans to tighten crypto exchange regulation to enforce sanctions cointelegraph.com /2 years ago
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