#btc #eth The effect of American sanction: The primary eff
Phebe Sossaman JBkV
Updated at: 12 hours ago
{"content":"#btc
#eth
The effect of American sanction:
The primary effect of American sanctions on Russia was to accelerate the global financial integration of cryptocurrencies, transforming them from a fringe asset into a critical geopolitical tool.
Faced with exclusion from the SWIFT system and the U.S. dollar-based economy, Russia made a strategic pivot by legalizing and actively promoting crypto—especially Bitcoin—for cross-border trade. This necessitated move not only pushed Russia to become one of Europe's largest crypto markets but also acted as a significant validation for Bitcoin as a "neutral" global reserve candidate, contributing to market optimism and price strength.
However, this reliance on digital assets for sanctions evasion triggered an unprecedented regulatory counter-reaction. Western powers, led by the EU, have expanded their sanctions framework to directly target specific crypto exchanges, stablecoins, and wallet services tied to Russian entities. This shift signals the full integration of digital assets into global financial warfare, ensuring that future international crypto regulation will be heavily focused on anti-money laundering and sanctions compliance, aiming to close the loopholes that Russia initially exploited.
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