After the Swift Ban, Can Russia Find Other Routes for Its Money — Including Crypto? | In the News

Russia is exploring a myriad of ways to reroute its currency after the US and European nations imposed financial sanctions on the country for invading Ukraine. These sanctions include a ban from the SWIFT financial messaging network.

Russia could explore emerging methods such as cryptocurrencies and other digital assets like private coins to try and avoid any conversion to US dollars, said Ronak Doshi, Partner at Everest Group.

Read more in Computer World

 

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