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WSJ: Iran and Russia use crypto to bypass sanctions
The Wall Street Journal has revealed that Iran, Russia, North Korea, and other regions targeted by sanctions used cryptocurrencies valued at around $100 billion in 2025 to evade Western pressure. This represents an eightfold increase compared to 2024, with digital currencies being used to purchase weapons, spare parts, fuel, and to pay sailors, as these countries exploit the ability to bypass the traditional financial system. Western authorities are facing difficulties in monitoring and slowing down the unregulated cryptocurrency market operations.
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