Fueling a renewed bull run, Ukraine used crypto to raise funds, while Russians bought crypto to evade their currency's collapse.
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
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.
