Cryptomining Could Help Dodge Sanctions

Countries such as Russia and Iran may eventually use cryptocurrency mining to evade sanctions, the International Monetary Fund warned in a report. 
There’s a risk that sanctioned nations will leverage their energy resources -- which can’t be exported -- to power mining, an energy-intensive process of validating coin transactions, the IMF said. 
By expanding their mining operations, governments could also generate revenue directly from transactions fees, Bloomberg reported. 
Tokens can be used to bypass steep economic sanctions in cases where exchanges don’t comply with rules, if firms have inadequate compliance procedures, or when technologies that increase anonymity are used, the fund said.