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US Treasury Targets Houthi Crypto Wallets, Financial Network
5.4.2025
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has identified eight digital asset wallets used by the Houthis to transfer funds associated with their activities. OFAC also designated several individuals and entities as part of a network of Houthi financial...
OFAC Blacklists Iran-Based Nemesis Admin, 49 Crypto Addresses in Post-Takedown Sanctions
5.3.2025
The U.S. Department of the Treasury blacklisted 49 bitcoin (BTC) and monero (XMR) addresses connected to Behrouz Parsarad, an Iran-based figure accused of overseeing the defunct Nemesis darknet marketplace (DNM), as part of persistent initiatives to disrupt fiscal channels underpinning illicit...
Bitcoin Emerges as Hedge in Iran’s Economic Crisis, Chainalysis Study Shows
19.2.2025
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...
U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis
19.2.2025
A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year
Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows
10.2.2025
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....
Iran Backs Unified BRICS Currency—With a Focus on National Interests
5.2.2025
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 Challenges Dollar Dominance: Iran Backs Local Currency Framework
23.1.2025
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...
Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System
18.1.2025
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...
Iran’s Currency Website Shut Down Amid Cyber Attacks and Central Bank Criticism
10.1.2025
Administrators of Bonbast.com, Iran’s leading website for tracking the rial’s open-market exchange rate, took it offline due to severe distributed denial-of-service (DDoS) attacks and security concerns after criticism from Central Bank Governor Mohammad Reza Farzin. The shutdown removes a crucial...
Iranian Crypto Holdings Equal a Third of National Gold Market
9.12.2024
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)...
Iran Embraces Crypto Regulation to Counter Economic Sanctions
9.12.2024
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...
Central Bank of Iran promises CBDC launch, fintech to fight sanctions
26.11.2024
The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions.
Iran’s Digital Rial Near Launch, Central Bank Signals Progress
26.11.2024
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)...
Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory
7.11.2024
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...
Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order
25.10.2024
Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing effectiveness due to Western interference. He called for BRICS nations to reduce reliance on Western financial systems and push for a new global order. The president...
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
24.10.2024
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank...
Iran Urges BRICS to Create Financial System Free From Western Influence
23.10.2024
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of the 16th BRICS Summit, Jalali emphasized the need for BRICS members to create their...
Iran’s Crypto Exchanges Witness Major Growth Amidst International Sanctions
22.10.2024
Iran’s domestic cryptocurrency market has reached a major milestone, with approximately 15-19 million citizens actively participating in crypto…
BRICS Summit to Far Surpass US Presidential Election in Global Importance, Russian Official Claims
20.10.2024
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S. dominance toward sovereign partnerships....
Bitcoin to pump if oil, energy prices surge amid Middle East tension: Hayes
18.10.2024
BitMEX co-founder Arthur Hayes predicts Bitcoin's price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over