The U.S. Treasury Department has sanctioned nine individuals and entities accused of supporting Iranian weapons procurement activities. The action targets actors based …
Irans
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Finance
Treasury Secretary Scott Bessent Says the US Is Targeting Iran’s Access to Crypto
by shayaanby shayaanUS Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to …
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Markets
Crypto payments to pass Strait of Hormuz is the next logical step for Iran’s sanctions-skirting trade network
by shayaanby shayaanThe Iranian regime has been increasingly using cryptocurrency over the last few years to facilitate cross border oil trading, according to data …
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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates …
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Iran’s role in Bitcoin mining has expanded into the global network, with estimates placing the country’s contribution at 6%-8% of total hashrate. …
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A month before bombs fell on Iran, Reuters reported that the US Treasury was investigating whether crypto platforms had helped Iranian officials …
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Markets
Exodus or firewall? Blockchain analysts clash over Iran’s crypto outflows
by shayaanby shayaanWhen airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality …
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Regulation
Donald Trump Responds to Claims that Iran’s Supreme Leader Khamenei Has Been Killed
by shayaanby shayaanUS President Donald Trump, in a statement to NBC News regarding reports that Iran’s religious leader Ayatollah Ali Khamenei had died, said, …
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Markets
Iran’s rial collapse mirrors Lebanon’s crisis, driving citizens to bitcoin
by shayaanby shayaanWith the rial plunging, middle-class savers are bypassing local banks to move billions into the domestic crypto ecosystem. www.coindesk.com
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Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster …