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Commentary
Crypto under closer scrutiny amid war in Ukraine
Conflict underlines fears of virtual money bypassing sanctions on Russia, and its growing relevance as a store of value and means of payment
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DeeperDive is a beta AI feature. Refer to full articles for the facts.
Russia's invasion of Ukraine has drawn greater government scrutiny over cryptocurrencies as the authorities fear these may be used to bypass financial sanctions imposed on some Russian institutions and individuals.
But the recent developments have also underscored crypto's growing relevance as a store of value and means of payment.
