A recent report from blockchain intelligence firm TRM Labs reveals a concerning trend in Russia’s darknet marketplaces. These platforms account for over 97% of sales volume facilitated by cryptocurrency. This marks a 1% increase from the preceding year.

Bitcoin and Tron play a significant role in facilitating these transactions, highlighting the growing concerns surrounding cryptocurrency’s use in illegal activities. As these marketplaces strengthen their dominance, regulators and industry watchdogs are facing mounting challenges.

This report raises critical questions about the future of cryptocurrency regulation and its implications for legitimate users. As the darknet continues to exploit crypto features, the discussion about how to ensure safety and compliance in the market becomes even more vital.