With the war in Ukraine, crypto is having a moment. It's just not the moment some expected

The views anThe views and opinions expressed in this article are those of the author.

Analysing crypto assets in the context of the war between Russia and Ukraine is a complicated subject, which makes it all the more important to do so correctly.

With the carnage and continued horror unfolding in Ukraine, having a policy conversation around the role of crypto – or any financial instruments – can seem unimportant, but that misses the broader point.


Economic sanctions, which in essence have barred Russian institutions from global financial and payments markets, have been the weapon of choice wielded by the allies of Ukraine, led by the United States.

As the impact of these sanctions has become apparent on the Russian economy, and the destruction of infrastructure has also led to many Ukrainians being cut off from traditional banking functions, the following must be asked: how do crypto assets fit in?

d opinions expressed in this article are those of the author.

With the carnage and continued horror unfolding in Ukraine, having a policy conversation around the role of crypto – or any financial instruments – can seem unimportant, but that misses the broader point.


Economic sanctions, which in essence have barred Russian institutions from global financial and payments markets, have been the weapon of choice wielded by the allies of Ukraine, led by the United States.

As the impact of these sanctions has become apparent on the Russian economy, and the destruction of infrastructure has also led to many Ukrainians being cut off from traditional banking functions, the following must be asked: how do crypto assets fit in













 

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