Financial Services Financial Services

Comment: Cryptocurrencies may finally face regulation over evasion of Russia sanctions

By Fiona Maxwell
  • 04 Mar 2022 15:44
  • 04 Mar 2022 15:44
The use of cryptocurrencies to circumvent Russian economic sanctions looks set to fail as policymakers pledge to crack down on illegal activity — but regulators will need to do more to ensure they face the full force of the law in the longer term.
Despite their seemingly secretive nature, transactions made

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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