Financial sanctions levied against Russia have caused the Russian economy and its currency, the ruble, to tumble. At the same time, the values of cryptocurrencies like Bitcoin and Ethereum soared after Russia had been banned from SWIFT. Computerworld senior reporter Lucas Mearian joins Juliet to discuss whether or not cryptocurrency is a viable option for Russian financial transactions.
For more on this story, check out these article from Computerworld:
After the SWIFT ban, can Russia find other routes for its money — including crypto?: https://www.computerworld.com/article/3651361/after-the-swift-ban-can-russia-find-other-routes-for-its-money-including-crypto.html
Russia is likely using cryptocurrency to thwart sanctions: https://www.computerworld.com/article/3652493/russia-is-likely-using-cryptocurrency-to-thwart-sanctions.html
Read all of Lucas’s articles here: https://www.computerworld.com/author/Lucas-Mearian/
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