Cryptocurrencies
Lindner Says G-7, EU Officials Working on Crypto Sanctionability
- Must ‘maximally isolate’ Russia, German finance minister says
- Cryptos suspected as possible avenue for evading sanctions
Christian Lindner
Photographer: Eric Piermont/AFP/Getty Images
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Finance ministers from the Group of Seven and European Union are working on preventing Russia from using crypto money to circumvent sanctions, according to German Finance Minister Christian Lindner.
While unwilling to reveal any details, Lindner said the issue is being discussed. His country currently holds the presidency of the G-7, whose finance chiefs and central bank governors held virtual meetings on Tuesday together with Ukraine Finance Minister Serhiy Marchenko.