Farcaster

Ukraine is pursuing ways to block Russia from using crypto to make international payments. Russia is pursuing crypto currency to get around sanctions. 

I’ll be pursuing this story in my own reporting but I’m interested in what you all think about Russia using crypto to avoid sanctions regimes.

Ukraine is pursuing ways to block Russia from using crypto to make international payments. Russia is pursuing crypto currency to get around sanctions. 

I’ll be pursuing this story in my own reporting but I’m interested in what you all think about Russia using crypto to avoid sanctions regimes. 

https://dig.watch/updates/ukraine-moves-to-block-russias-crypto-payments-in-trade

Independent journalist, with coverage in Ukraine and Eastern Europe. Focus on the intersection of race and foreign affairs.

I think Russia's main motivation for using crypto is to stop trading in dollars. Sanctions mostly affected regular people who were unable to work, so they had to look for alternative means of payment and non-Western business partners.