As Russia’s high-net-worth individuals sought to evade sanctions, there were renewed calls to tighten crypto regulations. But many Ukrainians rely on non-fiat donations to help the war effort and recovery.
The Russian invasion of Ukraine on February 24 detonated the cryptocurrency market. The first 24 hours of Putin’s ‘special military operation’ triggered an 8% drop in Bitcoin and a 12% reduction in Ethereum’s market capitalization.
The asset class is volatile at the best of times, but when war breaks out and
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