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U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis

A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year.

Updated Feb 21, 2025, 3:09 p.m. Published Feb 19, 2025, 1:00 p.m.
Iran
Iran has relied more on crypto as U.S. sanctions weigh heavily, according to Chainalysis. (Unsplash)