projects: Crypto sanctions 2022 and theirs impact on the crypto market.
Bussiness owner
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
President Biden to sign a special order Defines a Crypto Strategic Approach Many believe that the hopes of blocking the sanctions are used as a means of avoiding the impact. Al Jazeera news agency reported, citing an insider source as saying: President Joe Biden to sign the 'Executive Special Orders' or Executive Orders within this week. This will set the government's strategic approach towards the cryptocurrency industry. US government stance that have turned their attention to the crypto industry in the past few days. occurred while the United States and Western allies Announcing sanctions against Russia causing many parties to view it as an attempt by the United States that want to block the possibility that companies and individuals Those subject to sanctions may use cryptocurrencies as a way to avoid its consequences. However, the White House has so far declined to comment on the reports. Earlier this week, Yahoo Finance reported on the possibility of Biden's bid to the relevant administration. whether it is the Office of the Attorney General, the Ministry of Foreign Affairs and the Ministry of Finance To expedite the feasibility study for the launch of the US Federal Reserve digital currency, CBDC. The main goal is to create a clear and comprehensive regulatory framework. Overall, despite how Saran tried to pressure him to boycott crypto. The crypto market continues to run. This may have little impact in the short term. Because crypto is born from a strong community. which is both innovative and industrial It would be difficult for the crypto market to collapse.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
The crypto industry is born of a strong community. It is an innovative asset exchange of the future. It's hard for someone to break it down. There may be short-term fluctuations. but in the long term After all, crypto is an asset of the future.
Did any crypto sanctions affect you personally, yet? If yes, how?
The crypto boycott definitely had an impact on me. but only for a short time Because I'm not a big whale in the crypto world yet. But I see more advantages. Because it allows me to own some projects. with little investment It's a great opportunity for me.
David EmmanuelAm a crypto enthusiastic
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
The sanctions on crypto will definitely bring about volatility index to the market as some investors will be forced to pull out from the Crypto investment. More attention have been focused on the Binance Exchange as it is the biggest Crypto exchange in the world as of this moment so more attention will be paid to the platform by the government and other institution who already made their stance against the crypto sectors using it as a means of escaping the traditional sanctions.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
Yes, the sanctions on cryptocurrency will definitely affect the growth of the Crypto industry as investors won't want to invest in some projects especially the ones who are just coming up
Did any crypto sanctions affect you personally, yet? If yes, how?
The Crypto sanctions had affected me especially as some of the token am hodling have dip beyond the price I bought. The present situation in market is frustrating as the bearish keep going
Sergey ArefevDirector
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
Of course, sanctions have an impact. And I living in Russia have already felt it After all, most companies have banned the use of VPN. Accounts on some exchanges are already being blocked. Many projects have refused to work with Russian citizens. Crypto freedom in fact turned out to be completely non-free!!! In these words of mine, there is an answer to the question of the impact of sanctions. I'm losing money!!! Here is the main consequence!!!
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
It's hard to say for sure. In Russia, there is a huge part of the mining pool. And this should be reflected in the course. Also, as we know, many projects come from Russia. And that's the second factor. It's too early to draw conclusions. You need to observe the situation.
Did any crypto sanctions affect you personally, yet? If yes, how?
Yes. I have already been affected by sanctions. I won't name the companies yet. I will just say that the account on one of the exchanges is blocked.
Rafael Turikcrypto trader
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
At first I imagined that regulatory sanctions would be bad for the crypto market. Because the governments would take charge of spoiling the projects. Insert high loads of taxes and fees and it would kill each project one by one. But on the other hand, in order for us to have a market with less volatility and for large investors and capital funds to invest money in crypto, we need to have a clearer sign of what will be regulated or not. What will there be of fees, if bitcoin will be treated as an asset like Gold and protection or as a risk asset like a stock exchange. We know that the major concern is with illicit activities in the various networks, but I believe that this will not decrease with regulation. In large btc networks, eth I believe that the illegal part in terms of % is very low of transactions. Now in more private networks we may have more space for this.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
As I said in my introduction. I believe we can analyze this topic in two different ways. The first is that large funds only invest heavy capital when there is regulation, as many have this in writing in their statutes. So we could see a much more aggressive rise in the crypto market. On the other hand. If there is too much taxation on transactions, taxes, ... it will undermine the true purpose of cryptos. It will look more like a regulated market like dollar, gold, oil, etc.
Did any crypto sanctions affect you personally, yet? If yes, how?
At the moment it does not affect. But if there is the entry of large institutions, hedge funds and buyers, it will provide an increase in the flow of money and a rise in the market. As I have long positions, I would benefit. But if fees went up it could get more expensive than other types of financial transactions like digital wallets. Will it be? And that wouldn't be good.
Riyanal RizaAirdrop & Crypto
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
I don't think there are any sanctions against all crypto projects because I believe everyone is looking for money in a digital way in the future
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
I'm sure nothing can stop crypto , sure stay confident that it will continue to grow and will be all digital in time because no one can give sanctions
Did any crypto sanctions affect you personally, yet? If yes, how?
in my personal no one can stop any sanctions, because i am looking for money in crypto field and I always browse all projects related to crypto
özgür karadenizstudent
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
Although there is a global war, the war is short-lived, but the transaction process of cryptocurrencies is endless. The fluctuations in short-term keipto currencies will lose their effect in the long run.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
In the long run, cryptocurrencies will continue to dominate our lives unless other investment tools emerge. It creates an investment alternative that will wipe banks out of the market.
Did any crypto sanctions affect you personally, yet? If yes, how?
no so far. As I invested in trustworthy crypto projects and progressed with the right strategy, I did not get any negative results at the moment.
Luciano Gomes Guimaraesdatabase / crypto
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
It will affect in 2 ways, negatively it will generate a withdrawal of funds from more conservative investors. Positively some sanctions are welcome for future crypto regulation.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
Initially a downward movement is possible, but in the long term there must be an adaptation and the trend is for new growth and development.
Did any crypto sanctions affect you personally, yet? If yes, how?
No, but I see sanctions and regulations as a positive thing. We are only going to get a solid market for crypto-assets with regulations, so that we have a better filter of projects.
Vision NFull Stack Developer / Crypto / Blockchain
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
Once the sanctions are imposed on one country, the crypto world can't be an exception to get affected. Currently, the USA and EU countries are there to issue sanctions on Russia and it does make huge sense because the USA has been using sanctions as a powerful diplomatic tool to change the behavior of a particular nation as the dollar is the world’s reserve currency for the worldwide payment. Now, crypto holders from Russia are getting restricted on a popular platform like Coinbase and other CEXes, definitely, it can give negative impressions to the traders/investors from the affected country. There are growing discussions about whether crypto can be used as a hedge against inflation or not but if we locate the past incident when Russia evaded Crimea, there was sanction imposed by the USA to cost billions of dollars annually but prices of crypto and other digital assets got ballooned that was good news for Russia. Currently, the crypto market is again following the bullish trend which means investors are pouring a huge amount in digital assets to protect their losses. So, sanctions will have both positive and negative impacts on the crypto market.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
Sanctions generally create a fear state in the market and retail investors might rush away to cash out by selling their crypto assets to find other reliable things to invest in. Sanctions may not stop the growth of crypto because they can be heavily used for the cross-border payment system when other payment methods are not working.
Did any crypto sanctions affect you personally, yet? If yes, how?
Yes, the price of some crypto tokens from the projects based on the sanctions-imposed country is heavily decreased. The market is exhibiting downtrends for such tokens.
Juwi BakarHow does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
stop it and remove it from the big market so as not to damage the other crypto it is exchanged for, I hope there is a certain policy for each project with the intent to damage the market price
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
it is very clearly detrimental to the growth of crypto, especially bitcoin and ethereum because these projects are usually too fast to share with users instantly
Did any crypto sanctions affect you personally, yet? If yes, how?
there must be a strict criminal action related to crypto. especially the exchange market platforms should be delisted or other sanctions, because it will damage the investment if I hold the crypto for a long time
Daniel OkorieCryptoman
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
It has an adverse effect on all the Crypto price. What i expect in the Crypto space is more transparency especially the coming the new projects because there are alot rug pull this days.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
In a nutshell, the sanctions are affecting the spread of Cryptocurency. More should be done to make Crypto unstoppable right now. More use cases and efficiency and effectiveness.
Did any crypto sanctions affect you personally, yet? If yes, how?
Yes, i have been affected by Cryptocurrency sanction. In my country (Nigeria), when the Government suspend the direct deposit and withdrawal of cash to Cryptocurency platforms through the commercial banks (Centralized). It is P2P that we are still using in Nigeria now.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.