Crypto-assets to circumvent economic sanctions, what concrete utility ?
In recent weeks, digital assets have been highlighted for their use in the war following Russia’s invasion of Ukraine. On the one hand, they have helped to quickly raise over a hundred million dollars in relief for Ukraine, helped support local populations on both sides of the conflict, and raised questions about whether Russia should use them to circumvent economic sanctions against it. In this article, Adan sets out to answer this legitimate question and decipher why crypto-assets are not an effective tool in circumventing economic sanctions.
