Crypto Turns into Lifeline for Russian Emigrés Opposing Putin’s Battle in Ukraine

Nonetheless, this methodology, on the finish, felt too pricey and clunky for Alexander to make use of frequently, he mentioned. Now, he’s wanting into extra conventional, fiat remittance choices that also work for Russian residents. For instance, KoronaPay, a Cyprus-registered fintech firm, permits customers to ship cash between Russia and a number of different nations, together with some within the European Union, much like what Western Union does.