For those who speak russian, Meduza has a recent short story describing how crypto is used to move money in and out of Russia now in a replica. https://meduza.io/episodes/2023/03/17/rasskazyvaem-o-sheme-p.... A reimplementation of Hawala system with cryptotokens.
My crypto-friendly friend found this to be the only way to supply his parents with remittances out of Australia.
As I told him, besides gambling, theft and paying for drugs, this is all it is good for.
My crypto-friendly friend found this to be the only way to supply his parents with remittances out of Australia.
As I told him, besides gambling, theft and paying for drugs, this is all it is good for.