West Asia Crisis: Crypto Fuels Drone Purchases in Russia and Iran: Report

West Asia crisis: Crypto fuels drone purchases in Russia and Iran: Report

While most drone purchases are made using traditional financial rails, procurement ‌networks ⁠are increasingly intersecting with the blockchain, the public digital ledger ⁠on which cryptocurrencies are based, Chainalysis found

Russia, Iran-Linked Groups Turn To Crypto For Crowdfunded Drone Purchases – Report

A recent report has shared that Pro-Russia and Iran groups are turning to crypto to fund purchases of commercially available drones and related …

Iran, Russia Using Crypto To Buy Military Drones? Report Reveals E-Commerce Platforms Used To Sell Equipm

State and non-state actors linked to Russia and Iran are increasingly using cryptocurrency to acquire low-cost, commercially available drones for ongoing conflicts, a new report published on Monday said. Blockchains Powering Drone Warfare? Sanctioned entities, including Iran’s defense sector and aligned proxies, are turning to cryptocurrency to procure drone components restricted by export controls, according to a new study by blockchain analyti…

Russia, Iran Groups Use Crypto To Crowdfund Drone Purchases

A recent report has shared that Pro-Russia and Iran groups are turning to crypto to fund purchases of commercially available drones and related components, as the products become central to modern conflict. Crypto-Funded Drone Purchases Linked To Russia, Iran On Monday, blockchain analytics firm Chainalysis revealed that groups affiliated with Russia and Iran are utilizing crypto to fund the acquisition of low-cost military drones and their comp…

Crypto fuels drone purchases in Russia and Iran, report says

Russia and Iran Use Crypto to Fund Military Drone Purchases, Chainalysis Reports Chainalysis Reveals Cryptocurrency’s Role in Military…