As the U.S. and other Western powers line up to impose sanctions on Russia for its armed incursion into Ukraine, the looming economic penalties are likely to squeeze the energy giant’s economy.
However, there are questions about whether the booming cryptocurrency sector could allow oligarchs close to Russian President Vladimir Putin to skirt the effort to put the financial squeeze on Moscow, thanks to the anonymity and decentralization of digital tokens.
According to Capital Economics,…
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