In Georgia, crypto is a crucial tool for refugees escaping the war
April 20, 2022
As I entered, a visibly frazzled teller at a help desk asked me point blank, Russian? I said no but that I wanted to open a bank account. She handed me an application form, a piece of receipt paper with a number on it, and told me to wait my turn.
While I waited, filling out the bank application, I noticed that no one who was holding a red passport i.e., a Russian passport had been handed application forms. I watched Russian clients approach the bank windows. Each was invariably handed a long list of required documents they must produce in order to open a standard bank account with a debit card. The list included six months worth of transaction records, translations of passports, and a copy of a work contract.
Your papers, please
Crypto without questions
No Russians
An instrument, not a solution
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