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Latest Iran News

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The U.S. Treasury sanctioned an Iranian national for operating Nemesis, a darknet drug marketplace, and blacklisted almost 50 crypto addresses tied to it. The U.S. Treasury has taken action against Behrouz Parsarad, an Iranian national behind Nemesis, a darknet marketplace…

News
Crypto adoption in Iran surged in 2024 as citizens sought to escape economic turmoil and government-imposed financial restrictions. According to Chainalysis, Iranian crypto outflows reached $4.18 billion — up 70% year-over-year — as trust in the financial system eroded and…

Markets
Bitcoin and altcoins continued their downward trend while crude oil prices jumped as the odds of a wider crisis in the Middle East rose. Bitcoin (BTC) retreated below $60,000 for the first time since Sep. 16 after Joe Biden hinted…

News
Iran has started offering $20 rewards to report illegal crypto miners amid severe power shortages disrupting the country’s electricity grid. Iran is now offering rewards of $20 to the public for reporting illegal crypto mining activities as the country faces…

News
Iran’s central bank is set to launch a pilot for its digital rial enabling cashless transactions for banking customers. The Central Bank of Iran (CBI), also known as Bank Markazi, has announced the operational phase of its digital currency known…

News
Iran’s cryptocurrency mining sector is under fire as United States Senators Elizabeth Warren and Angus King believes its a threat to national security. According to a letter to National Security Advisor Jake Sullivan, Defense Secretary Lloyd Austin and Treasury Secretary Janet Yellen, sent on May 1,…

News
The Iran-Israel conflict contributed to a crypto collapse. And last week, regulators sent a Wells Notice to Uniswap. And SBF wants to appeal his sentencing. Here's our weekly recap.

News
After Iran's April 13 drone attack on Israel, here's how the crypto market reacted: $860 million liquidated and BTC plummeting more than 8%.

News
Historically, geopolitical instability tends to drive investors away from riskier assets. That's what happened Friday with crypto as Iran-Israel tensions escalated.

News
The U.S. Treasury is pushing for more authority to tackle the growing misuse of crypto by Iran, Russia, and North Korea. According to a report from Bloomberg, Deputy Secretary Adewale Adeyemo emphasized in written testimony ahead of a Senate hearing…

News
The U.S. Treasury sanctioned entities for illegally exporting technology to Iran, including one that developed Iran’s central bank digital currency platform. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) said in a press release that on Feb.…

News
Iranian crypto trading platform Bit24.cash has apparently inadvertently exposed the sensitive data of nearly 230,000 users, according to recent research. According to an investigation conducted by Cybernews, the Iranian crypto exchange Bit24.cash misconfigured a high-performance object storage system instance, inadvertently…

News
As businesses in Iran seek new ways to bypass sanctions, the country has welcomed a decentralized crypto exchange and a non-custodial crypto wallet.

News
The Defense Minister of Israel, Yoav Gallant, said the government had seized millions of dollars worth of cryptocurrencies linked to Iran’s military arm, Quds Force, and the Lebanese militant group Hezbollah. According to a report by Associated Press (AP), the…

News
TRM Labs recently researched Iranian crypto adoption and published key findings about exchanges and trading volumes.

News
Iranian Cyber Police, also known as FATA, has released a set of restrictions for the local cryptocurrency exchanges, according to Saeed Ghasemi, a crypto reporter at the Persian outlet MihanBlockchain. Ghasemi says that FATA has published a 13-page document that…

News
The Central Bank of Iran (CBI) is collaborating with the government of Russia to launch a stablecoin backed by gold.

News
Iran is releasing up to 150,000 pieces of crypto mining equipment previously seized by the authorities following a court order. Since 2021, the Organization for Collection and Sale of State-Owned Property (OCSSOP) seized it from mining farms due to concerns...

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Despite widespread protests around brutality of Iranian morality police, a report has revealed the government's plan for alternative sanctions, such as financial ones to force hijab wearing.

News
The Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department announced in a statement on Monday that it has achieved an agreement with the crypto exchange Kraken regarding serving Iranian customers.

News
Blockchain data reveals that cryptocurrency firm Binance has handled $8 billion in Iranian transactions since 2018. This move is despite U.S. sanctions aimed at isolating Iran from the global financial system. Binance addressed the issue through a blog. Binance Goes...

News
The Iranian government has approved a bill that aims to make bitcoin and other cryptocurrencies legal tender for trade transactions and imports. The bill also authorizes the provision of electricity to crypto miners, according to reports on August 29, 2022. ...

News
Amid severe sanctions from the United States, the Iranian government paid for its first import order worth $10 million using cryptocurrency. Meanwhile, Iran recently announced that the electricity supply will be cut off for all authorized crypto miners in the...

News
Cryptocurrency exchange giant Kraken has reportedly come under federal investigation by the Treasury Department’s Office of Foreign Assets Control (OFAC).

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Iran will shut off electricity to all its 118 authorized crypto mining facilities this month. Authorities in the country have taken similar measures earlier, citing the increased need for electricity during the summer. Iran Cuts Power to Crypto Mines Iran’s...

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Some Iran-based users of the leading NFT marketplace OpenSea reported having trouble accessing the platform amid U.S. sanctions on the country.

News
Decentralized exchange Pancakeswap has plans to block users and Internet Protocol (IP) addresses originating out of Iran. Reports suggest that the Binance Smart Chain DEX will stop Iranian users from accessing its platforms from early March 2022. Binance Smart Chain...

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Iran’s central bank is reportedly looking to begin the pilot phase of its proposed central bank digital currency (CBDC) project. Iran’s CBDC Pilot to Happen Soon According to the Iranian Labour News Agency, Mehran Moharamian, the vice governor for IT...

News
Iran is prepared to remove cryptocurrency mining bans in response to this summer’s electricity shortages. According to Iranian media, on September 22nd, the government will overturn the prohibition on cryptocurrency mining for authorized miners. Per the Iran Power Generation, Distribution,...

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The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association According to the Financial Tribune on Sunday (June 20, 2021), the...

News
The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country. Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President...

News
The Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities. Iran to Crackdown on Illegal Mining Activities According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry...