Iran drives $104B surge in sanctions-busting crypto flows

Sanctions evasion has traditionally been viewed as a game of financial shell companies and hidden bank accounts. While those opaque traditional structures remain the bedrock of illicit finance, the mechanism has expanded to the blockchain at scale. Nation-states have upgraded their capabilities not just to launder on-chain, but also to execute cross-border trade. The data […] The post Iran drives $104B surge in sanctions-busting crypto flows appeared first on Asia Times .