IRAN’S CRYPTO SURGE SPIKES AMID WAR

Iran’s $7.8B crypto market is drawing renewed attention as conflict drives a surge in activity.

Data from Chainalysis and Elliptic show sharp outflows from Iranian exchanges after airstrikes—up to 873% above normal—suggesting users and entities are moving funds for security or to bypass sanctions.

Crypto is increasingly used in Iran as both a financial lifeline for citizens and a tool for the state amid inflation, currency decline, and ongoing geopolitical tensions.

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