Russian sanctions could speed up moves to regulate crypto; and the action-packed 1MDB trial
11 March 2022 00:00
Duration: 24:15
When the global community announced economic sanctions against Russia over the invasion of Ukraine, a consensus quickly developed that cryptocurrencies may offer Moscow a way to sidestep the tough measures. Yet despite their seemingly secretive nature, cryptocurrency transactions can be traced and early signs are that they aren’t posing a significant threat to the sanctions regime. Nonetheless, the Ukraine crisis has highlighted concerns about crypto trading and now authorities are preparing to consider the regulation of the currencies. Also on today’s podcast: the 1MDB scandal hits a New York courtroom. The honesty of a key witness in the bribery trial of a former Goldman Sachs banker has come under sustained pressure in court.
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Editorial Team
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Jet Damazo-Santos Correspondent, Jakarta
Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the