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Bitcoin helping Russia evade financial sanctions, Putin may legalise crypto

The increased adoption of cryptocurrencies is helping Russian President Vladimir Putin evade the first wave of financial sanctions from the West and the country may legalise cryptocurrencies in order to sustain and virtually avoid all the sanctions as it invades Ukraine, the media reported. ....

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Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin

Digital currencies operate outside the realm of standard global banking, with transactions recorded on a public ledger known as the blockchain. ....

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Bitcoin aiding Russia escape financial sanctions, Putin considering to legalise cryptocurrency

Bitcoin aiding Russia escape financial sanctions, Putin considering to legalise cryptocurrency - The US will block five of the biggest Russian banks and freeze all assets they hold in America, worth over $1 trillion. ....

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