Watch: Russia faces several obstacles in turning to crypto to bypass historic sanctions: CNBC Crypto World
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s Kate Rooney explains why Russian citizens face challenges to protecting their assets with crypto.
00:00 - CNBC Crypto World, Feb. 28, 2022
0:20 - Cryptocurrencies surge
2:50 - The headlines
4:18 - Could Russia pivot to crypto?
7:26 - One last thing
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Russia faces several obstacles in turning to crypto to bypass historic sanctions: CNBC Crypto World
00:00 - CNBC Crypto World, Feb. 28, 2022
0:20 - Cryptocurrencies surge
2:50 - The headlines
4:18 - Could Russia pivot to crypto?
7:26 - One last thing
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
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Russia faces several obstacles in turning to crypto to bypass historic sanctions: CNBC Crypto World
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Francisco Gimeno - BC Analyst What if Russia can evade sanctions by pivoting to crypto? And can individual Russian citizens or companies do the same? Interesting debate as crypto has no borders, should be censored resistant and have a global reach. If this happens, those saying that crypto is a tool for criminals will get more ammunition, but how to stop this? Let's not forget that crypto is being used to donate funds for Ukraine at the same time. Those pushing for strict crypto regulations will also have something to say here. Anyway, Ruble is having issues of liquidity and pairing it with any crypto is already extremely expensive. What do you think?