MoneyWatch: Russia may evade effects of economic sanctions by relying on cryptocurrency

MoneyWatch: Russia may evade effects of economic sanctions by relying on cryptocurrency – CBS News


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The West has levied harsh sanctions against Russia following its invasion of Ukraine, but Russian leaders could be turning to cryptocurrency to avoid economic punishment. Michael Parker, head of the anti-money laundering and sanctions practice at Ferrari and Associates, joins CBS News to break down how Russia may proceed.

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