TRM Labs Exposes Nation-States Weaponizing Crypto for Sanctions Evasion
Blockchain intelligence firm TRM Labs reveals cryptocurrencies are increasingly Leveraged by nation-states as geopolitical tools. Governments now actively operationalize blockchain for sanctions evasion, ransomware financing, and cross-border value transfer outside traditional financial systems like SWIFT or dollar-based networks.
A growing divide emerges between regimes using digital assets to bypass accountability and those harnessing blockchain for transparency and fiscal control. This 'Blockchain Cold War' underscores crypto's dual role as both threat and opportunity in reshaping global power dynamics.
TRM's report highlights how borderless, intermediary-free transactions challenge conventional economic strategies while enabling sanctioned states to fund otherwise restricted operations. Meanwhile, progressive administrations explore blockchain-based systems for payment modernization and financial inclusion.
