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Russia and Iran Use Crypto to Bypass Sanctions Amid Economic Isolation

19 February 2025 Daily Feed , , ,

Russia and Iran Leverage Crypto to Navigate Western Sanctions In 2024, Russia and Iran increasingly utilized cryptocurrencies to sidestep Western sanctions, highlighting the adaptability of these nations amid economic isolation. A Chainalysis report revealed that sanctioned entities received $15.8 billion in crypto, representing 39% of illicit transactions, showcasing both the power and the peril of […]

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