Iran Crypto Activity Rises Amid Sanctions and Currency Slide as U.S. Treasury Probes Possible Evasion

BitcoincomNews · 2026-02-03T16:04:52+00:00

The rise of cryptocurrency in Iran is driven by U.S. sanctions and currency devaluation, prompting a shift from local exchanges. Meanwhile, the U.S. Treasury is investigating whether crypto platforms are aiding in sanction evasion.

BitcoincomNews

2026-02-03 16:04:52

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Crypto use in Iran is rising as the country faces ongoing U.S. sanctions and a sharp decline in the value of its currency, pushing more people to look for alternative ways for ROI. According to researchers, many users have been moving toward crypto away from local exchanges during recent periods of economic instability. At the same time, the U.S. Treasury is reviewing whether some crypto platforms may be helping users bypass sanctions, following analysis by TRM Labs.

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