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How Russia uses cryptocurrency to circumvent Western sanctions after Ukraine invasion

(Last Updated On: February 28, 2022)

It seems Russia has smartly figured out how to to circumvent these Western sanctions and Ukraine invasion

This includes the Wave coins to be used as this started to move after the invasion of Ukraine so see below. Not just that but Binance was quickly approved (before invasion) to be part of the Russian society which leads the article listed below

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https://www.forbes.com/sites/kenrapoza/2019/01/02/will-russia-make-any-waves-in-crypto-this-year/?sh=780305784271

https://www.coindesk.com/business/2019/11/25/waves-and-the-tricky-task-of-being-a-russian-crypto-brand/

https://www.cnbc.com/2022/02/28/binance-will-not-block-russian-accounts-after-ukraine-request.html

 

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