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Tag: cryptocurrency sanctions

10
Why $4.18 Billion Flew Out of Iran in Crypto Last Year

Why $4.18 Billion Flew Out of Iran in Crypto Last Year

by Richard De Martin

In 2024, Iranians moved $4.18 billion in cryptocurrency out of the country-not to evade sanctions, but to save their life savings from a collapsing currency and rising inflation. Bitcoin became their only reliable escape.

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