Yaya Fanusie, a former CIA analyst, has written a detailed and insightful article that looks at the increased threat of cryptocurrencies on the enforcement of US economic sanctions.

The analyst notes that there’s an escalating challenge to alter the US dominance on the international financial systems. He believes that Blockchain will provide a parallel financial system that will not fit into the current international payment network.

However, he noted that cryptocurrencies may not pose a big threat on the current SWIFT payment system in the short term but with time blockchain could diminish sanctions.

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