Russia sanctions put spotlight on crypto: 5 things to know

Authorities, industry consider ways to limit use in dodging financial sanctions

20220307Russian rouble banknotes and cryptocurrency

Major economies are looking to ensure cryptocurrencies are not used as a tool for dodging financial sanctions imposed on Russia over its invasion of Ukraine. © Reuters

TSUBASA SURUGA, Nikkei staff writer

TOKYO -- The U.S., Europe and now Japan are all considering measures to ensure that cryptocurrencies are not used as a tool for dodging financial sanctions imposed on Russia over its invasion of Ukraine.

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