While Democratic members of the Senate Committee on Banking, Housing, and Urban Affairs fear cryptocurrency could be used to help Russia evade economic sanctions, witnesses at a hearing on March 17 reminded lawmakers how crypto is being used for good, providing over $55 million to Ukraine for much needed humanitarian aid and supplies. […]

A group of Democratic senators introduced a bill today to ensure Russian actors do not evade economic sanctions imposed on the country following its invasion of Ukraine through the use of digital assets like cryptocurrency. […]