Watch CBS News

MoneyWatch: Russia may evade effects of economic sanctions by relying on cryptocurrency

The West has levied harsh sanctions against Russia following its invasion of Ukraine, but Russian leaders could be turning to cryptocurrency to avoid economic punishment. Michael Parker, head of the anti-money laundering and sanctions practice at Ferrari and Associates, joins CBS News to break down how Russia may proceed.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.