Iran

US Government Blacklists Slew of Bitcoin and Monero Addresses Linked to Man Accused of Running Darknet Marketplace

March 5, 2025 The Daily Hodl

Altcoins

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) is blacklisting a handful of crypto addresses linked to a man known for allegedly running Nemesis, a now-defunct darknet marketplace. In a new press release, the OFAC says that it is sanctioning Iranian national Behrouz Parasad and his Bitcoin (BTC) and Monero (XMR) addresses because […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Bitcoin Emerges as Hedge in Iran’s Economic Crisis, Chainalysis Study Shows

February 19, 2025 Bitcoin.com

Bitcoin (BTC)

A Chainalysis report reveals that cryptocurrency has become a critical tool for capital flight in Iran as geopolitical tensions and economic instability drive individuals and businesses to bypass stringent financial sanctions. Report Shows Economic Turmoil and Sanctions Push Iranians Toward Cryptocurrency Cryptocurrency outflows from Iran surged to $4.18 billion in 2024, marking a 70% year-over-year […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows

February 10, 2025 Bitcoin.com

bitcoin.com

The Iranian currency plummeted to new lows against the U.S. dollar after President Donald Trump reinstated his “maximum pressure” policy against the Middle East country. Trump’s Rhetoric Impacts Markets The Iranian currency plummeted to new lows against the dollar after the U.S. President Donald Trump reinstated his “maximum pressure” policy against Iran. Some observers linked […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Iran Backs Unified BRICS Currency—With a Focus on National Interests

February 5, 2025 Bitcoin.com

bitcoin.com

Iran supports a unified BRICS currency if all members agree, signaling a shift toward economic cooperation as the bloc explores alternatives to reliance on the U.S. dollar. Iran Supports Unified BRICS Currency Amid Global Tensions Iran has expressed willingness to support the creation of a unified BRICS currency, provided that all member nations reach a […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

BRICS Challenges Dollar Dominance: Iran Backs Local Currency Framework

January 23, 2025 Bitcoin.com

bitcoin.com

BRICS nations are boosting trade in national currencies, a move Iran emphasizes as vital for reducing dollar dependence and countering the economic impact of sanctions. Breaking Free From the Dollar: Iran Pushes BRICS Toward Financial Sovereignty Countries worldwide are increasingly reducing their reliance on the U.S. dollar in international trade, signaling a significant shift in […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System

January 18, 2025 Bitcoin.com

bitcoin.com

Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure financial messaging system as an alternative to the SWIFT […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Iranian Crypto Holdings Equal a Third of National Gold Market

December 9, 2024 Bitcoin.com

bitcoin.com

Iranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $143 million (100 trillion rials). The Central Bank of Iran (CBI) and the finance ministry are working on measures to enhance transparency in […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Iran Embraces Crypto Regulation to Counter Economic Sanctions

December 8, 2024 Bitcoin.com

bitcoin.com

Iran is shifting its stance on digital currencies, focusing on regulation rather than imposing restrictions, according to Minister Abdolnaser Hemmati. Speaking at a Tehran event, Hemmati highlighted the government’s plan to mitigate the economic risks of digital currencies while leveraging their potential benefits. He emphasized the Central Bank of Iran’s authority in managing digital assets […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Iran’s Digital Rial Near Launch, Central Bank Signals Progress

November 26, 2024 Bitcoin.com

bitcoin.com

Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI) Governor Mohammad Reza Farzin discussed the digital rial, Iran’s central bank digital […]

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Friday’s US inflation report may catalyze a Bitcoin April rally

Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory

November 7, 2024 Bitcoin.com

bitcoin.com

Iran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S. presidential election. This significant decline, which later slightly recovered, signals new economic challenges for Tehran amid ongoing regional conflicts. The rial’s depreciation reflects the ongoing struggles of Iran’s economy, exacerbated […]

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Friday’s US inflation report may catalyze a Bitcoin April rally