Fears over attack on Ukraine puts Bitcoin to test

Mark Battersby
clock • 2 min read

Geopolitical issues, including the heightening Ukraine-Russia tensions, will drive Bitcoin's increasing mass adoption and higher values this year - despite a 5% drop in the last 24 hours, according to Nigel Green of chief executive of deVere Group. As more than 100,000 Russian troops mass on the border with Ukraine and global leaders try diplomatic efforts to avoid war between the two countries, Green said: "Serious geopolitical risks in recent weeks are demonstrating real life use cases for Bitcoin and cryptocurrencies in extremely volatile times. "Research shows that Bitcoin donatio...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?