russia: 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.
Mayank SinghProduct Designer and Crypto Enthusiast
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
We often think cryptocurrencies don't operate under the reach of national regulations but their transaction volumes and user bases react substantially to news about regulatory actions which drive the demand and supply chain of the asset. News related to the general ban, anti-money laundering, counter-terror financing, and limiting the interoperability of cryptocurrencies with regulated markets law also negatively impact the crypto market in the short term. It makes it much more difficult to evaluate any crypto-asset currently because of geopolitical events. On one hand, crypto is helping Ukraine for the humanitarian cause but on the other, the USA is looking to regulate it because Russia is evading the international sanctions by using the cryptosystem.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
As I already stated sanctions have an adverse effect on the market but it's will be interesting to see how the market reacts to it in long term. Whereas I think crypto is inevitable because it serves the human need in a way that no other technology seems to do it possibly.
Did any crypto sanctions affect you personally, yet? If yes, how?
Every sanction affects us, whether it may be directly or indirectly. From china’s crackdown to El Salvador’s legalizations, every crypto event has affected the market, including me.
Alexey KlimovEnginer
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
I think some operation will be transfer to crypro. That will be have good influence to word Crypro. Also this is a good moment to check decentralization rules how dose it work now.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
I think at the moment this situation can influence to market but no stop it. Also at the moment crypto market can have a dump, but in the future crypto will be grow.
Did any crypto sanctions affect you personally, yet? If yes, how?
I leave in Russia and some crypto sanction can influence to me, not directly, but some company’s announced about suspension for this time until easier of situation
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.
Shaun Meyercrypto trader
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
It affect the market by imposing restrictions on buying or selling crypto probably and most likely people in Russia/Ukraine and surrounding areas it won’t necessarily drive the price down it jus lt won’t go up because no one can buy. People with the ruble are seeing devastating drops their money is essentially worthless and turning to crypto would be a great idea but the governments won’t allow it for me I don’t know why because it will help the economy and anyways the United States is buying millions of dollars worth of oil daily to fuel the war so why not let them buy crypto currency’s to help the families who are struggling.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
Yes crypto sanctions will stop crypto growth . The market caps of the coins will not grow due to restrictions in Russia Ukraine and surrounding areas. Why not let the people buy crypto to help their families in this server time to replace the ruble it will only help them, the United States is already buying millions of dollars of oil from Russia to fuel the war.
Did any crypto sanctions affect you personally, yet? If yes, how?
No the crypto sanctions did not affect me yet and hopefully they do not in the future I believe it will only help in the future because we are goin to have a global financial reset to have crypto as the main currency
Cristiano SilvaAutônomo
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
It affects positively. Russia may adopt cryptocurrencies as the country's official currency. If that happens, we're sure to see a huge amount of people switching to cryptocurrencies on a day-to-day basis.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
There is no way they will be able to stop the growth of cryptocurrencies... They tried to do this in Canada and they won't! The more they try, the faster crypto grows.
Did any crypto sanctions affect you personally, yet? If yes, how?
It can't affect me, I'm calm about this matter. My crypto is well guarded. The only way would be for the government to shut down the internet all over the world... And that's not going to happen.
Jansugi GoguadzeDriver
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
Hello. I think the sanctions will affect the crypto market. It has already started. Initially prices will fall. Once Russia faces banking problems, they will not be able to make the money bank transfer. Citizens will be forced to buy Bitcoin or even Ripley for a quick transfer. Which will lead to an increase in prices. But also the attitude of the big exchanges towards the Russian consumer. Some exchanges have refused to provide services to Russians, which also has a negative impact on cryptocurrency prices. I think you can not invest in Russian brokerage companies now, there is a big risk that they will go bankrupt. Russia ocupant.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
I do not think crypto sanctions are right, because by doing so the state will try to tax the user. If tougher sanctions are imposed on crypto it will certainly stop price increases. The user will be scared not to control his finances. That's why they are less likely to enter the exchanges and mostly use cold wallets.
Did any crypto sanctions affect you personally, yet? If yes, how?
Yes it caused me a decrease, the prices went down, my amount was reduced by 70 per cent. It is very difficult and painful. I no longer trust the centralized stock exchange. I prefer a cold wallet. For example a trust wallet.
valzenir costa coelhocarpinteiro
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
The sanctions imposed by the Nations It also implies in cryptocurrencies the United States Government has already taken its measures to stop all dribbles of the Russian government to escape sanctions applied this will certainly affect cryptocurrencies as well.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
The sanctions affected the cryptocurrencies yes but not in a sudden way as it affects lightly the ones they took they will not feel so much the weight of the functions and they continued to flow normally in their normal and usual growth
Did any crypto sanctions affect you personally, yet? If yes, how?
No, for me, the same thing remains, the sanctions applied in Russia are not so relevant in the influence of the rise and fall in the values of cryptocurrencies
Muhammad IrfanCrypto enthusiast
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
obviously the sanctions are very influential, because some crypto lovers there are panic selling their assets causing a large price drop, because most of the main market is in Russia
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
due to panic selling especially the Russian population, I think crypto will increase if the conflict is over, and I'm sure it will grow again with time
Did any crypto sanctions affect you personally, yet? If yes, how?
obviously there are many, I have several coins such as btc, eth, bnb, and other tokens, in a week my assets minus almost 40%, that's because all crypro assets have decreased in price due to conflict
Cafer YaranLiquitidy Provider
How does sanction affect the crypto market in your opinion? Which crypto sectors will be blocked because of the latest incidents? Elaborate.
Well we are already having a bearish trend on markets and this sanctions And current situation between Russia and Ukrainie will lead even bigger Bear season. O hope i wrong about my opinions.
How crypto sanctions can influence the market? Do you think they will stop crypto growth?
Won't stop but decrease speed of growth cause a county big as Russia almost no longer available on foreign market they disappered with potential customers hodlers investor whom could be interacted with Crypto markets.
Did any crypto sanctions affect you personally, yet? If yes, how?
Well i am living in Turkey so geographicly i am not effected but this bearish market trend affect whole community. I hope this aggresive attempt of Russia ends soon and then we may go in to recovery times.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.