Transparency International authors urge tighter EU oversight of crypto

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  Lotte Rooijendijk and Rune Oomen of Transparency International say Russia uses cryptocurrency on a large scale to evade European sanctions.

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  They argue that crypto platforms allow Russian networks to move money beyond the view of authorities.

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  They say gaps in oversight and regulation leave sanctions packages ineffective.

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  The authors call for the EU to close what they describe as a crypto backdoor for Russia.

Who

Lotte Rooijendijk and Rune Oomen of Transparency International wrote the article.

What

They argue that Russia uses cryptocurrency to evade European sanctions and fund its war economy, and call for tighter oversight.

When

The article was published on October 12, 2026.

Where

The article concerns the EU and Russia.

Why

The authors say inadequate oversight and regulation allow Russian networks to evade sanctions and keep financial flows out of authorities’ sight.

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