Originally published at: https://www.channel-sea.cc/analysts-warn-of-regulatory-risks-if-russia-is-able-to-use-crypto-to-evade-sanctions-bitcoin-com-news/
Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.” Crypto Faces Regulatory Risks if Used by Russia to Evade Sanctions Amid growing…