Can Russia use cryptocurrency to dodge sanctions? | DW Business Special




After Russia invaded Ukraine, the West reacted by imposing sanctions that limited Moscow’s access to dollars and euros. It now needs other currencies to trade with the rest of the world and appears to be turning to cryptocurrency. Russia is believed to be working with Iran on a stablecoin pegged to the price of gold. Will that help the Russians dodge the West’s sanctions? We answer that question and many more with the help of Alena Epifanova from the German Council on Foreign Relations.

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#Russia #sanctions #cryptocurrency

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