Hilary Clinton Criticizes Governments for Letting Russia Use Cryptocurrency to Evade Sanctions

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Prominent American political figure, Hilary Clinton, has criticized the Biden-led government, the Treasury Department, and European governments for allowing Russians to use cryptocurrency as a bypass, following numerous sanctions placed on the country.

Clinton, Others Call on Cryptocurrency Exchanges to Ban Russian Users

Speaking to MSNBC Monday night, Clinton noted that most major cryptocurrency exchanges have refused to block accounts belonging to Russians, explaining:

“I was disappointed to see that some of the so-called crypto exchanges, not all of them but some of them, are refusing to end transactions with Russia for some, I don’t know, philosophy of libertarianism or whatever.”

The former presidential candidate added: “If there has to be legal or regulatory pressure, everybody should do as much as possible to isolate Russian economic activity right now.”

shutterstock 4234120
Former US Senator Hilary Clinton

Last Sunday, the vice prime minister of Ukraine, Mykhailo Fedorov, took to Twitter to urge all major crypto exchanges to block addresses of all Russian users, noting that “it’s crucial to freeze not only addresses linked to Russian and Belarusian politicians but also to sabotage ordinary users.”

However, most top exchanges have refused the calls to block Russian users, deeming it unnecessary at the moment. Some crypto exchanges that have refused to yield to such calls include Binance, Coinbase, and Kraken. That said, these exchanges would likely compost with sanctions requirements if it came to that.

Kraken CEO Jesse Powell recently explained that the San Francisco-based crypto exchange giant could only freeze Russian users’ accounts if there was a legal requirement from a government, highlighting the recent civil unrest that occurred in Canada as an example.

That said, Powell has advised that those worried that their accounts could get frozen should move their coins from centralized exchanges and into self custody.

Finally, Clinton argued that governments needed to do more to ensure that crypto is not used to evade sanctions. The former Secretary of State and Senator noted:

“In this specific case of Ukraine, I do think that the Treasury Department [and] the Europeans should look hard at how they can prevent the crypto markets from giving an escape hatch to Russia, both governmental and private transactions in and out of Russia.”


You can purchase Lucky Block here. Buy LBlock

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *