1. North Korea


North Korea has long been under heavy sanctions, making it difficult to engage in traditional financial systems. As a result, the country has embraced cryptocurrency for funding its military activities. Bitcoin, in particular, has been used to fund weapons programs and evade international financial restrictions.


2. Iran


Iran, similarly facing heavy sanctions, has turned to crypto to support its military ventures. The Iranian government has recognized the potential of blockchain to avoid the oversight of traditional banking systems, using it for everything from military procurements to payments for arms.


3. Russia


Russia, one of the world’s largest military powers, is actively exploring cryptocurrency as a way to sidestep Western sanctions. As part of its growing interest in crypto, the Russian government has been testing blockchain technology for secure, decentralized military transactions.


4. Venezuela


Amidst economic turmoil and sanctions, Venezuela launched its own cryptocurrency, the Petro, as a means to conduct international transactions, including military deals. The country has used this digital currency to avoid restrictions imposed by the United States and other nations.


5. Myanmar


Myanmar, undergoing political turmoil and military crackdowns, has also turned to cryptocurrency to handle military transactions. With traditional financial institutions cutting ties due to human rights violations, crypto offers the military a more discreet way to fund its operations.


Why Is This Happening?


The use of cryptocurrency in military deals allows countries to remain undetected by global financial systems, bypass sanctions, and conduct transactions in a more anonymous and secure manner. As more nations face international pressure and sanctions, crypto becomes an appealing tool for them to maintain their military capabilities without interference.


The Future of Crypto in Military Affairs


As we head into a new decade, the trend of using cryptocurrency for military transactions is expected to grow. The global community will likely face greater challenges in regulating these activities, as more countries see digital currencies as a vital part of their defense strategies.


In this brave new world, crypto isn’t just changing how people pay for things—it’s also changing how nations arm themselves.