Sanctions-Busting Nations Find New Haven in Cryptocurrency

Rogue nations have been increasingly using virtual currencies to evade U.S. sanctions, firms that track cryptocurrency flows say.

According to a recent report, these countries, including Iran, Russia, and North Korea, handled around $100 billion in cryptocurrencies last year alone.

The use of crypto as a means to bypass Western sanctions is on the rise, with these nations employing it to circumvent U.S. pressure.