The events unfolding in Ukraine include the Ukrainian government soliciting donations in the form of cryptocurrency for their defense effort. This overt involvement of cryptocurrency in an event of such geopolitical significance may signal a shift in the risk calculus for companies operating in this space.
Since the beginning, the cryptocurrency industry has had to consider government regulators and often the posture of governments themselves within their own borders as well as cross-border transactions. What is new here is a shift to cryptocurrency itself being a factor in the outcome of an event. That presents different considerations for teams who are focused on consumer markets, but may now more than ever have to keep abreast of how the technologies they are building and deploying may be involved in events on the world stage.
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