Crypto as a Lifeline: How Digital Assets Help Ukrainians Navigate Financial Chaos Amid War

Cryptocurrencies have offered a safety net to people living in contexts of war, displacement, and economic duress. In countries like Ukraine, the accessibility, low transaction costs, and lack of intermediaries associated with digital assets have given citizens a measure of control over their finances since the start of the Russian invasion. BeInCrypto spoke with representatives from Hacken, Rewump, Grassroots Economics, and Namada & Anoma on the challenges displaced populations face‬‭ in‬‭ accessing‬‭ traditional‬‭ financial‬‭ services and how digital assets can act as a lifeline. How Did War Cripple Access to Traditional Finance for Ukrainians? Since Russia invaded Ukraine in February 2022, Ukrainians’ access to financial services has been extremely limited source: https://beincrypto.com/crypto-lifeline-ukraine-navigate-finance-war/