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Iran Turns To USDT, Acquiring $507 Million To Defend Its Currency

adminJanuary 23, 2026 196 Views

Iran’s central bank quietly built up a large stash of Tether’s USDT last year as the rial struggled and trade with the outside world grew harder. The move turned parts of the crypto ledger into a public trail of a policy that would normally be private. Related Reading: Bitcoin Pain May Come First, But Tom […]

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US Authorities Seize $600K USDT From Iranian Drone Program Operator – Details

adminSeptember 14, 2025 142 Views

The Attorney’s Office of the District of Massachusetts has announced the confiscation of nearly $600,000 in USDT from Iranian national Mohammad Abedini. Concurrently, US authorities are also seeking the civil forfeiture of the seized crypto assets. Related Reading: A ‘Violation Of Public Trust’: Coinbase Demands Sanctions Over SEC’s Missing Texts Episode Abedini Faces US Case […]

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Iran’s Crypto Sector Suffers 11% Decline Following $90-M Exchange Hack

adminAugust 28, 2025 138 Views

According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%. Related Reading: UK Listing? Not For Bitpanda—Liquidity Concerns […]