FinCEN Warns Russia Not To Use Cryptocurrency To Evade Sanctions

FinCEN Warns Russia Not To Use Cryptocurrency To Evade Sanctions

The FinCEN, an agency of the US treasury department, has informed all financial institutions that Russia may likely consider using cryptocurrency to evade sanctions associated with its military activities in Ukraine. The current director of FinCEN, Him Das, explained that proactive reporting of wary actions is part of the United…
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Source: Bitcoinist
Posted: 15 minutes ago