Bitcoin Sanctions Evasion Liquidity Limits
Concerns about Bitcoin facilitating sanctions evasion are unfounded due to its limited liquidity.
Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.
"Around $82,000, Bitcoin sits between risk-on flows and tighter liquidity. Price action here reflects macro indecision."
"Experts say these developments highlight a growing challenge for the global sanctions system, which has traditionally relied on control of the dollar-based financial infrastructure."
"The real threat in my opinion is politicians using these kinds of narratives — whether real or imagined or intentionally inflated — to attack BTC for political ends."
"Even though several factors could have caused the price change, most people attributed it to the U.S. government’s decision to impose new sanctions against North Korea."
"the entire crypto space, including Bitcoin, lacks the kind of liquidity that would seriously hamper the western sanctions regime."