Crypt during the war: weapons or rescue?
Which digital assets work for Ukraine and which ones need to cut off oxygen.
At the end of April, the global provider of cryptocurrency and blockchain infrastructure Binance launched a refugee cryptocard for all current and new users from Ukraine who were forced to leave because of the war with Russia. Refugees who have been vetted by local nonprofits and applied for cryptocards will receive 75 BUSDs (equivalent to $ 75) per month for three months.
And in early March, the cryptocurrency exchange Coinbase blocked 25,000 wallets associated with Russians and Russian companies. Thus, cryptocurrency during the war can become an additional tool to help the Armed Forces and to fight the invaders on the financial front. Juscutum lawyer Elmira Harutyunyan spoke about the role of crypto and crypto-players during the war.
The beginning of the war gave impetus not only to the general military mobilization of conscripts of Ukraine, but also to unite IT lawyers and open a parallel IT front on the part of our state. Of course, the crypto industry could not go unnoticed and aroused great interest in society.
Are cryptocurrencies a mechanism for influencing war?
The war continues as long as the economy of the state - a participant in such a war. Cryptocurrencies are part of the economy of a country, and their insufficiently regulated nature "unties the hands" of their owners.
Therefore, the first criterion of influence is the uncontrolled or less controlled nature of circulation.