Ukraine's Podolyak says after concluding talks with Russia says:
- Russian side is still extremely biased
- Negotiations are difficult
Meanwhile UK Business miniter Kwarteng says:
- Oligarchs and Keptocrats have used veneer of legitimacvy provided by UK registered companies
- In lighto of Russias actions, it is necessary to show them UK will not tolerate their corruption
- Agents from overseas will no longer be able to create UK companies on behalf of criminals
- We will legislate for new powers to seize crypto assets
Trading volumes between Russian rouble and tether stablecoin hit $29.4M on Monday which was the highest this year. That is still not a lot, but the crypto market is certainly a potential weak link in the economic sanctions. There is likely to be more on this going forward.