Digital Coin News

Crypto trading in rubles falls even as ECB warns again on sanctions

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Crypto is a “threat” to economic sanctions, said the ECB President, despite the daily volume of crypto trading in rubles falling back to levels seen prior to sanctions being imposed.

The President of the European Central Bank, Christine Lagarde has reiterated warnings that Russian individuals and businesses are using cryptocurrencies to skirt sanctions.

This amount represents a tiny slither of the total global crypto market volume, with Bitcoin’s total daily volume generally fluctuating between $20 billion and $40 billion.crypto skeptic Lagarde did not point the finger at the Russian government and outlined that it was primarily Russian individuals and businesses turning to cryptocurrencies. However she said that cryptocurrencies “are certainly being used as a way to try to circumvent the sanctions.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ECB President Warns Crypto Companies Against Helping Russians Avoid SanctionsChristine Lagarde has warned cryptocurrency companies against helping Russians avoid sanctions.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

How a Pakistani celebrity and crypto billionaire challenged his government | Crypto Stories Ep. 7Pakistani crypto billionaire Waqar Zaka reveals how he used Bitcoin to uplift the nation and explains how digital currency will make countries less reliant o... ZakaWaqar what a BS article... remove your pm ImranKhanPTI ZakaWaqar He's the hero of crypto army in the world. Guru g ZakaWaqar guruofcryptowaqarzaka waqarzaka waqarzakaking ZakaWaqar One line Super human No one can take trade live open challenge to all so called indian technical analyst guru's
Source: Cointelegraph - 🏆 562. / 51 Read more »