Mining policy, sanctions impact, and regulatory developments shaping Iran’s crypto landscape.
Crypto long positions endure cascading liquidations for the past 24 hours as Iran launches an air strike against Israel.
Gino Matos 2 min read 
Irani officials have raised concerns over a new web3 "tap-to-earn" game called Hamster Kombat that has gripped the local populace amid deteriorating economic conditions.
The digital rial will bypass paper bills, card transactions, and interbank settlement.
Several analysts analysts remain optimistic on Bitcoin's price trajectory especially as the halving event looms.
Senator Tim Scott said the focus on crypto misses the "elephant in the room" because the conversation about illicit financing is "far larger than digital assets."
Data breach incidents are quite common in the crypto sector due to some of the platform's lax security measures.
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
Iran will allow any local business that imports goods to pay for their transactions via cryptocurrency in lieu of the dollar or euro.
Iran is finalizing plans to allow a large-scale adoption of cryptocurrencies for international settlement.
