The United States and the G7 announce new measures against the evasion of sanctions through crypto
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White House, G7 Say New Guidance Is Coming on Crypto Sanctions Evasion

“It’s hard” to move billions of dollars worth of crypto, Redbord noted. It’s possible some oligarchs might turn to crypto, but that may not be their first choice. Redbord, who was with the US Treasury Department prior to joining TRM, said crypto could be part of the sanctions-evasion playbook, but oligarchs already have a complex set of tools they might turn to first to preserve their wealth, including the use of shell companies and purchasing high-end art.

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