Morning Edition · Friday, June 26, 2026
Russia Opens a Crypto Trade Corridor for Sanctioned Firms, but Cash-Out Routes Stay Constrained
A legal channel lets selected companies settle cross-border trade in bitcoin and stablecoins, yet the wallets, exchanges, and counterparties needed to use it remain exposed to pressure.
Russia has created a legal route that lets selected firms use cryptocurrency to settle cross-border trade, a corridor CryptoSlate reports is built around an experimental legal regime. The mechanism gives chosen companies a sanctioned-trade…
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Crypto Becomes Sanctions Statecraft
Sanctioned states keep building crypto corridors to bypass the dollar system, and authorities controlling exchanges and stablecoin issuance keep tightening the off-ramps, producing a recurring move-and-countermove contest rather than a decisive shift.
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