Fintech

Russia-Ukraine tensions are a test of crypto’s mainstream adoption

Standard Chartered, Barclays, Goldman Sachs and UBS are just some of the names piling into cryptoassets

Tuesday 22 February 2022 at 14:10

Bitcoin has dropped alongside other crypto assets, while gold has climbed to an eight-month high
Bitcoin has dropped alongside other crypto assets, while gold has climbed to an eight-month high Photo: Carolina Cabral/Getty Images

The geopolitical tremors caused by Russia invading Ukraine are a test of whether cryptoassets have become as normalised as other investments.

So far, they are passing that test.