Groups linked to Russia and Iran are increasingly using cryptocurrency to finance the purchase of low-cost military drones and components, according to a new report from blockchain analytics firm Chainalysis.

What on-chain data reveal about the intersection of cryptocurrency and drone procurement, a nexus that is real, traceable, and analytically instructive.

Groups linked to Russia and Iran are increasingly using cryptocurrency to finance the purchase of low-cost military drones and components, according to a new report from…