
Russian bankers' association says 'tainted' crypto will render sanctions moot
- —Russian crypto turnover hit $376 billion over the past year, leading Central and Eastern Europe
- —About 40% of Russia's foreign economic activity now runs through crypto
- —Goncharova proposes Russia label transactions from 'unfriendly counterparties'
- —AML systems trace transaction chains 20–50 hops back, she said
Why it matters: A growing share of flagged crypto could deepen market fragmentation and raise AML compliance pressure on exchanges.
Source: Bits.media