Fragmentary adoption of crypto for trade with marginal nations is not, to be clear, good news on the whole. Post-9/11 banking restrictions, usually framed as “de-risking,” have already led to many banks in geopolitically troubled regions losing access to the global financial system, with serious impacts for everyday people. Moving so swiftly against Russia will hopefully help save Ukrainian lives, but in the longer term many agree with Thomas’ prediction of further financial fragmentation.
Related posts
-
Blockchain Association Tables 5-Point Crypto Agenda For Trump’s Administration
Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly... -
NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even... -
Final Countdown for Crypto All-Stars as $5M+ Presale Enters Last Month Before Exchange Launch
Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing...