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Fallout is being felt across the global economy, roiling markets and causing many investors to seek relative shelter amidst the volatility. As with any global crisis, it is also a moment of uncertainty and unease for many market participants. Crypto exchanges debated where they would draw the line with government requests.
Similarly, in Venezuela, which has seen annual inflation of 4000%+, cryptocurrency serves as a safe haven. In order to protect themselves from such a move in the future, many people turned to the crypto market. Bitcoin was priced at a 12-15% premium on Indian exchanges vs US exchanges during that time given the increased demand.
Putin’s Russia is intent on undermining the US and West in any way it can – aggression in the Crimea and Ukraine and destabilizing activities in Syria ; Venezuela and beyond. In China Xi Jinping and the CCP pursuing a deliberate whole of government approach to projecting influence if not dominance of the Indo-Pacific region and beyond.
Putin’s Russia is intent on undermining the US and West in any way it can – aggression in the Crimea and Ukraine and destabilizing activities in Syria ; Venezuela and beyond. In China Xi Jinping and the CCP pursuing a deliberate whole of government approach to projecting influence if not dominance of the Indo-Pacific region and beyond.
If there’s one thing that everyone can agree on with regards to the future of TikTok in the United States, it is that congressional leaders have embarrassed themselves during the questioning of TikTok’s US CEO as the government considers whether or not to ban the popular app. Venezuela much?
How about Venezuela funds from 1998? It's no longer just a political issue when you're operating in an environment where the government is threatening the otherwise very stable national platform by which you've built your business on. What investor wants to take that extra layer of government risk?
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