Crypto Can Better Deter Sanction Evasion Compared to TradFi – Coinbase

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Crypto Can Better Deter Sanction Evasion Compared to TradFi – Coinbase

 
Crypto’s transparent nature makes it a terrible choice for those who want to evade sanctions, said Paul Grewal, Chief Legal Officer (CLO) of major crypto exchange Coinbase. 
Following Russia’s invasion of Ukraine, the US and its allies imposed an extensive round of sanctions on a number of Russian financial institutions and entities, basically trying to isolate the country from the global markets….
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