Re:Russian Ruble just lost ~30% of its value
by credit_guy on Sunday February 27, 2022 @10:16PM
(#30495956)
> Crypto, unlike gold, also permits one to publicly flag tainted wallets.
That's why I said I believe the Fed is working out the parameters of the ban. I don't think it will be an outright total ban, but some type of selective interdiction.
Re:Russian Ruble just lost ~30% of its value
by JumpCrisscross on Sunday February 27, 2022 @11:26PM
(#30496407)
> why I said I believe the Fed is working out the parameters of the ban
Sanctions aren’t the Fed’s business.
If this were being worked on, and there is zero evidence it is, for all we get enamoured by crypto it’s too insignificant to merit serious attention at this level, it would be at Treasury and Commerce.
Not necessarily. Just use the secondary sanctions mechanism, same ones that make selling Russian gold problematic. Crypto, unlike gold, also permits one to publicly flag tainted wallets.