Russia's invasion of Ukraine triggered a rapid wave of sanctions, bringing challenges for financial services firms looking to stay compliant.
As the invasion of Ukraine progressed, NFTs played a significant role, with many joining the conversation, and donating.
The National Bank of Ukraine plans to use blockchain and distributed ledger technology in the country to move to a cashless economy; the bank's board has created a roadmap which includes plans to begin issuing e-money (the cashless payment instrument) no later than the fourth quarter of 2017; new payment method will compete with card payments. Source
Since Feb. 24, due to the war, 4 million Ukrainian people settled in Poland overnight. Of that, 97% are women with children.
Fueling a renewed bull run, Ukraine used crypto to raise funds, while Russians bought crypto to evade their currency's collapse.