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Category Iran

Iran Plans to Remove Four Zeros From Rial Amid High Inflation

Iran Plans to Remove Four Zeros From Rial Amid High Inflation

Iran’s parliament has approved a plan to redenominate the national currency by removing four zeros from the rial, effectively turning 10,000 curren...
Report: Iran Caps Stablecoin Transactions as Rial Hits Record Low

Report: Iran Caps Stablecoin Transactions as Rial Hits Record Low

Iranian authorities have introduced stringent new restrictions on stablecoin usage, limiting annual purchases to $5,000 per person and total holdin...
OFAC Designates Two Iranian Finance Facilitators For Crypto Shadow Banking

OFAC Designates Two Iranian Finance Facilitators For Crypto Shadow Banking

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Iranian financial facilitators for coordinating over $100 m...
US sanctions say Iran’s oil for crypto web pushed $100M through 2023 to 2025

US sanctions say Iran’s oil for crypto web pushed $100M through 2023 to 2025

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned two Iranian nationals accused of orchestrating crypto transacti...
Israel Claims Iran's Revolutionary Guard Holds $1.5B in Stablecoins

Israel Claims Iran's Revolutionary Guard Holds $1.5B in Stablecoins

Israel flagged 187 crypto addresses allegedly linked to the IRGC. Elliptic says the wallets received $1.5B in USDT, though not all may belong to Ir...