Bank of Russia Admits it Cannot Use Cryptos to Avoid Sanctions
The use of cryptocurrencies to circumvent sanctions, especially in terms of payments for large amounts, is impossible.
The use of cryptocurrencies to circumvent sanctions, especially in terms of payments for large amounts, is impossible.
The US Department of the Treasury has imposed sanctions on the darknet marketplace Hydra and the cryptocurrency exchange Garantex.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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