Bitcoin price LIVE: BTC nears $9,000 despite warning over ‘Russian sanctions’ | City & Business | Finance


Updates below throughout the day….

Good morning, and welcome to our rolling coverage of all things cryptocurrency including price, regulation, innovation and financial crime. 

BTC’s price this morning stands at $8,895 a rise of $379 with a potential $10,000 return set to arrive before the weekend.

With most the price volatility seemingly over, and a slow bullish rise to now continue for another half-month or so, spoke to Michael Harris, Director of Financial Crime Compliance at LexisNexis Risk Solutions, on how cryptocurrencies could be used to evade international sanctions, as the move towards government regulation gathers pace.

Mr Harris is concerned that so-called “bad actors” could evade international sanctions like those imposed on Iran, Russia and North Korea, by exploiting the anonymity that the distributed ledger technology behind cryptocurrencies provides.

He said: “This high degree of anonymity makes it possible to transfer huge sums of…

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