After the Russian invasion of Ukraine to cryptocurrencies As the trust started to increase, cryptocurrencies became more used.
Believing that the adoption of cryptocurrencies will accelerate with the war Larry Fink, CEO of BlackRock, the world’s largest asset manager, foreign currency exchange of some post-war international transactions. cryptocurrency stated that he had shifted to his units.
War Accelerates Cryptocurrency Adoption!
Larry Fink, in his letter to the shareholders of the company, stated that the Russia-Ukraine war has affected other countries of the world, to fiat currencies rethinking their commitments to crypto coins He said he would force them to adopt.
Stating that BlackRock is working on cryptocurrencies and stable currencies due to the increasing interest of customers, Fink continued as follows:
“A thoughtful and well-designed global digital payment system can improve the resolution of international transactions while reducing the risk of money laundering and corruption.”
Fink, CEO of the $10 trillion asset manager, stated in his letter that the crisis between the two countries has ended the globalization process that has been going on for the last 30 years.
Expressing that access to global capital markets is not a right, but a privilege, Fink said after Russia’s invasion of Ukraine. of BlackRock He said he did not buy any securities from Russia.
Cryptocurrencies in the Russia-Ukraine War!
The crisis between the two countries caused inflation to rise, their countries to tighten their monetary policies, and to increase energy and oil prices.
In order to meet the necessary aid for the Ukrainian military and citizens, a crypto money donation campaign was launched and the necessary materials cryptocurrencies greeted with
*Not investment advice.