Cryptocurrency is about to face immense legal pressure

Photo by Sergi Viladesau on Unsplash

The global order is reshuffling quickly, following the Russian invasion of Ukraine. The West has responded to the invasion by imposing heavy sanctions on the Kremlin with the intent to weaken its ability to wage war. The Kremlin has been almost unplugged from the world’s financial system by excluding leading Russian banks from the SWIFT system and the EU has vouched to achieve independence from…