Janet Yellen Warns

Since the beginning of the war with Ukraine, Russia has tried to find alternative ways to circumvent Western sanctions and still survive as an economy.

 

Beyond oil and gas, cryptos are also of great interest in the case of Russia.

 

The main countries with which the Russian authorities have transactions are China, India, the United Arab Emirates and Turkey.

 

Janet Yellen, the Secretary of the Treasury, said that even if at this particular time, the turnovers through cryptocurrencies seem negligible, they are increasing as the sanctions against Russia.

 

In fact, stablecoins seem to be preferred for this case as their value remains stable and all the advantages are kept.

 

We look forward to seeing these reports as well……

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Rhodes, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).