The Game Theory Behind Russia's New Crypto Policy

<p> </p> <p><em><span style="font-weight: 400;">This episode is sponsored by</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">Nexo</span></em></a><em><span style= "font-weight: 400;">,</span></em> <a href= "https://www.getarculus.com/"><em><span style= "font-weight: 400;">Arculus</span></em></a><span style= "font-weight: 400;">,</span> <a href= "https://ftxusapp.onelink.me/LKX9/breakdown"><em><span style= "font-weight: 400;">FTX US</span></em></a> <em><span style= "font-weight: 400;">and</span></em> <a href= "https://www.meld.com/"><em><span style= "font-weight: 400;">MELD.com</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><span style="font-weight: 400;">On today’s episode, NLW explores possible reasons why Russia’s recent 180 on cryptocurrencies might make sense. As the country prepares to legalize and regulate cryptos as a type of currency, he looks at things from the lens of Russia’s relationship with the U.S. and desire to avoid being cut off from the SWIFT network, as well as from the lens of Russia’s relationship with China, and China’s (possible) desire to have a non-sovereign alternative to a future digital yuan. </span></p> <p> </p> <p><em><span style="font-weight: 400;">-</span></em></p> <p><a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <strong><em>Nexo</em></strong></a> <em><span style= "font-weight: 400;">is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at</span></em> <a href= "https://nexo.io/?v=t2&utm_source=coindesk&utm_medium=fixed&utm_campaign=coindesk_podcast_jan22"> <em><span style= "font-weight: 400;">nexo.io</span></em></a><em><span style= "font-weight: 400;">.</span></em></p> <p><em><s