ECB president says crypto being used to evade Russian sanctions

March 23, 2022 7:29 AM

BRUSSELS (BLOOMBERG) – European Central Bank (ECB) president Christine Lagarde said there are signs that some Russians are attempting to bypass sanctions over the war in Ukraine by converting roubles into cryptocurrencies and stablecoins.

Source : https://www.straitstimes.com/business/banking/ecb-president-says-crypto-being-used-to-evade-russian-sanctions