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Crypto during War

How is Crypto impacting the ongoing War between Russia and Ukraine?

Photo by Loris on Unsplash
These are verified publicly verified Wallet Addresses
The ruble has lost considerable value since the start of the war

By its very nature, Cryptocurrency assets are difficult to freeze. Russia can utilize Crypto to get around the economic sanctions, right? This might be a lot harder than you realize.

Image Courtesy: The Telegraph

So the two options of accumulating Crypto that Putin had through Exchanges and the black market may not work as effectively as most people think.

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Avinash Bangera

Product Manager by day; Gaming and Technology Enthusiast by night.