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by caskstrength 1413 days ago
> I've never seen any reasonable explanation for that to be true. Crypto is very easy to censor, just ban the exchanges.

You are correct. First thing that National Bank of Ukraine did when the war started is they banned buying foreign currency electronically (theoretically people could still buy actual physical foreign currency, but nobody would sell except for very high markup), transferring money outside of Ukraine, and _any kind of so-called quasi-cash operations_ including buying cryptocurrencies or transferring money to exchanges. And paying salaries in anything but national currency is of course illegal. So tech-savvy folks could still try to find local who owns crypto and would sell it for cash, but for regular people crypto doesn't offer any respite.

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So the 20 million immigrants from Ukraine left their crypto in Ukraine, because the National Bank of Ukraine said so?