Tag: Iran’s Crypto Outflows
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Iran’s Crypto Outflows Surge 70% Amid Sanctions
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Iran’s Crypto Outflows have skyrocketed by 70% in 2024, reaching $4.2 billion, as reported by blockchain analytics firm Chainalysis. This sharp rise underscores the growing reliance on digital assets for capital flight amid escalating sanctions and economic turmoil. Geopolitical Instability Fuels Crypto Surge Sanctions and financial restrictions have made global banking access nearly impossible for…