How Rogue Nations Are Using Cryptocurrencies to Evade Sanctions

Should be an interesting article by the Wall Street Journal!

What drives the high market price of e.g. Bitcoin?

"Iran, Russia, North Korea and other targets of sanctions have dramatically increased their use of virtual currencies to duck U.S. pressure, handling around $100 billion worth of crypto last year alone, firms that track the flows say. ..."

How Rogue Nations Are Using Cryptocurrencies to Evade Sanctions - WSJ (behind paywall) "Blacklisted entities handled $100 billion in crypto in 2025, financing terrorism and weapons"