Alice fulwood is a finance correspondent with the economist. One of the risks was that crypto currencies might be potentially used to try and either move money around or preserve some of the wealth. It looks as though, you know, far from being a tool to help russia, if anything, crypto seems to be being utilized to help ucrane instead.
China appears content to let the carnage continue in Ukraine, anticipating a win for Vladimir Putin. Its real concern is avoiding an apparent win for America and the West. Never mind fears that cryptocurrencies might help Russia dodge sanctions: they are far better at helping to finance Ukraine’s efforts. And the cyborg cockroaches that may one day aid search-and-rescue operations.
For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer