On October 13, 2023, Poland's national security bureau chief Sławomir Cenckiewicz stated that Russia is employing cryptocurrencies to finance hybrid sabotage operations across the European Union. These operations include drone incursions, sabotage, and cyberattacks against critical infrastructure such as water systems. Intelligence shared with Western partners indicates Russia is using a 'shadow fleet' to launch drone attacks from the Baltic Sea airspace targeting multiple EU countries including Poland, Denmark, Germany, and Norway. Cenckiewicz highlighted the Kremlin's increasing use of blockchain and digital currencies to evade sanctions and sustain hostile activities after being cut off from traditional financial systems like SWIFT following the 2022 Ukraine invasion. Poland has responded by tightening crypto asset regulations, including sanctions enforcement and prison terms, to disrupt Russian funding networks. The Polish intelligence services are closely involved to prevent use of crypto funding by foreign hostile actors.

On October 13, 2023, Poland's national security bureau chief Sławomir Cenckiewicz stated that Russia is employing cryptocurrencies to finance hybrid sabotage operations across the European Union. These operations include drone incursions, sabotage, and cyberattacks against critical infrastructure such as water systems. Intelligence shared with Western partners indicates Russia is using a 'shadow fleet' to launch drone attacks from the Baltic Sea airspace targeting multiple EU countries including Poland, Denmark, Germany, and Norway. Cenckiewicz highlighted the Kremlin's increasing use of blockchain and digital currencies to evade sanctions and sustain hostile activities after being cut off from traditional financial systems like SWIFT following the 2022 Ukraine invasion. Poland has responded by tightening crypto asset regulations, including sanctions enforcement and prison terms, to disrupt Russian funding networks. The Polish intelligence services are closely involved to prevent use of crypto funding by foreign hostile actors.