Title:
Bitcoin is helping both sides in Ukraine conflict, but it won’t wreck Russian sanctions
Author:
Gavin Brown
Associate Professor in Financial Technology, University of Liverpool
Published:
The Conversation, 3 March 2022
From the article:
By going straight to the people of the world, Ukraine’s government has been able to raise finance quickly without the need for financial intermediaries.
Yet as ever with cryptocurrencies, they bring benefits and risks in equal measures. They also have the potential to help Russians to evade the crashing rouble – contrary to demands by Ukraine.