Cryptocurrency in Iran
Cryptocurrency in Iran has emerged as a pivotal response to economic pressures and global isolation. Iran's interest in cryptocurrencies began in 2017 when international sanctions obstructed Iran's access to the global financial markets. Iran's cryptocurrency market faces challenges like high energy costs and the involvement of the Islamic Revolutionary Guard Corps in illicit activities. On December 27th 2024 Iranian regime's Central Bank's new program effectively blocked all Iranian cryptocurrency to rial and vice versa payments through internet websites in Iran.January 2025 the central bank began unblocking cryptomoney to fiat traders exchanges with their own government API for full access to user data.
Source: Wikipedia
Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply.