Right now a lot of countries are standing for Ukraine and US is also giving Russia sanctions but what if Russia can evade these sanctions using crypto? Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.”
Jaret Seiberg :
"If Russia is able to use crypto this way, then we believe political support in the U.S. for crypto will fall and regulatory risk will rise."