The International Monetary Fund (IMF) thinks that Russia can mine to avoid sanctions.
The International Monetary Fund (IMF), in its report on global financial stability, stated that after the tension between Russia and Ukraine, the US and European Union to avoid sanctions cryptocurrency mining He said he might plan to do it.
The IMF said Russia could do a lot to get money out of the traditional financial system. As an example; “You can use a decentralized exchange (DEX) or focused on privacy increasing anonymity can cooperate with companies.” said
In addition to this, Monero (XMR) He said protocols that hide such transactions could ease sanctions on the Russian government.
IMF, both USA and UK He said regulators should monitor all transactions, including crypto companies, more carefully.
It is thought that Russia, which is stated to be facing more than 400 sanctions, has no solution other than using crypto money.
Last month, the Argentine government borrowed about $45 billion from the International Monetary Fund. of this money money laundering He stated that it would make it harder to use cryptocurrencies to prevent and other negative activities.