All by tag: Iran

Four Iranian cryptocurrency exchanges accounted for roughly 78% of all digital asset volume tied to the country in 2025. They have now become the focal point of the largest U.S. sanctions campaign against Iran's cryptocurrency infrastructure.

The U.S. has frozen over $344 million in cryptocurrency tied to Iran’s Central Bank. The funds were held in largely inactive wallets that appeared to function as reserve storage.

The payment system operates outside the U.S. banking system and is nearly impossible to block. This marks the first time a nation-state is using cryptocurrency as a strategic government revenue tool

The move is part of tighter enforcement of international sanctions.

In 2025, $7.2 billion in transactions passed through the Iranian platform, and earlier reports indicated that the Central Bank of Iran purchased $500 million in USDT. Geopolitical instability is increasing pressure on crypto companies and requires a reassessment of sanctions compliance systems

TRM says the decline was driven by internet restrictions, not a wave of capital flight.

For the first time, US sanctions target crypto trading platforms linked to Iran rather than individual wallet addresses. The move signals a tougher stance on Iran’s use of crypto to bypass restrictions.

Crypto compliance systems have once again shown their limitations. An Iranian businessman has revealed a scheme that allows international sanctions to be bypassed and cryptocurrency to be laundered with little risk of consequences.

Iranian authorities turned to the popular stablecoin USDT to bypass international sanctions and stabilize the country’s national currency.

There has been a sharp surge in activity among Iranian cryptocurrency users amid mass protests in the country and the high probability of a military confrontation with the United States.

The trading platform resumed trading on July 9, but Iranian users are in no hurry to return to the exchange

For now, access to the platform with limited functionality is available to customers with KYC