Coins of War: How Crypto Keeps Feeding Russia's War Despite Sanctions

The U.S. and other Western countries have been trying to stop those crypto flows, but it’s not that easy with crypto. While the U.S. Treasury Department is using a targeted approach and going after selected entities and crypto wallets, the European Union acted in a broad-brush style last fall, banning Russian citizens from using crypto services. Affected by those sanctions were also Russian journalists and activists who did not support the war and had to leave the country because of their position.