Geopolitical crises like the Russia-Ukraine war are reversing the era of globalization, where people enjoyed lower costs from the expansion of free trade and labor offshoring.
The Russian government will regulate cryptocurrencies with the support of the central bank, which previously called for a ban on crypto mining and trading. “The Hash” hosts discuss Russia moving to legitimize crypto assets as currencies and the implications for the local and global economy.
A new PwC report claims blockchain technology can add $1.7 trillion to the global economy by 2030, with the Asian continent standing to benefit the most.