Chainalysis News: Russian Oil Firms Use Crypto To Evade Sanctions

Chainalysis Unicorn News - March 18, 2025

A new report from Chainalysis reveals that Russian oil companies are increasingly using cryptocurrencies like Bitcoin and Ethereum to bypass Western sanctions. Despite challenges, these firms convert currencies to facilitate international trade, prompting law enforcement actions to curb such activities.

Sources
https://decrypt.co/310380/russian-oil-firms-using-bitcoin-ethereum-to-dodge-sanctions

Outline
(00:00:00) Introduction
(00:00:27) Chainalysis Reports on Russian Oil Firms Using Bitcoin and Ethereum to Evade Sanctions

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