UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia

Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions. And according to British authorities, Russia may have spent much of that same period engineering an alternative financial system designed to circumvent it […] The post UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia appeared first on CryptoSlate.