Cryptocurrency Policies Undermine U.S. Sanctions, Boost Illegal Transactions

2026-04-21 10:29

The Trump administration's pro-cryptocurrency stance and regulatory easing are reportedly weakening U.S. sanctions and the dominance of the dollar, according to the Bangkok Post. Data indicates a surge of over 160% in illegal crypto transactions by 2025, with countries like Russia and Iran leveraging crypto infrastructure to bypass financial blockades. Russia has legalized crypto cross-border settlements, while Iran has begun charging passing ships in the Strait of Hormuz with crypto tolls payable in BTC or USDT. Some transactions are settled in seconds via the TRON network, with estimated daily revenues reaching $36 million.

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