FDD Assesses Risks of Crypto Use by Countries Under US Sanctions
The Foundation for Defense of Democracies has assessed current and future risks of cryptocurrency use by countries adversarial to the United States
An independent cryptocurrency such as Bitcoin [BTC] gains wide adoption in commerce and becomes more relevant to the global financial system. Then, a U.S. adversary begins to build significant reserves in the cryptocurrency. The state thus uses its holdings to gain more influence in the global financial system.”
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