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Crypto is attractive to repressive governments that want to avoid international scrutiny or procure arms or what have you with less oversight. Russia itself is
by Barrin92 5y ago
Crypto is attractive to repressive governments that want to avoid international scrutiny or procure arms or what have you with less oversight. Russia itself is trying to pass regulation for similar reasons. North Korea and Iran both have used ransomware to steal crypto and fund military programs. Venezuela attempted to introduce its own cryptocurrency as well.
https://www.nytimes.com/2022/02/23/business/russia-sanctions-cryptocurrency.html https://www.nytimes.com/2022/02/23/business/russia-sanctions...