CBDCs
Irani central bank eyes CBDC, fintech progress to combat sanctions
Iran's digital rial will leverage Shetab network for rapid transactions, boosting the nation's modern banking status within the region.
Assad Jafri 3 min read
Iran News
Mining policy, sanctions impact, and regulatory developments shaping Iran’s crypto landscape.
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Culture
Polymarket trading volume, users surge amid US election anticipation, Middle East tensions
Polymarket's decentralized platform attracts record user engagement with over 89,000 new accounts in September.
Derivatives
Middle East tension causes massive crypto market shakeup, $489 million liquidated
Crypto long positions endure cascading liquidations for the past 24 hours as Iran launches an air strike against Israel.
Latest Iran Crypto News & Analysis
Adoption
Telegram-based web3 game Hamster Kombat draws Irani general’s ire amid rising local player base
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.
CBDCs
Iran to pilot CDBC in Kish Island starting July
The digital rial will bypass paper bills, card transactions, and interbank settlement.
Crypto
Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude
Several analysts analysts remain optimistic on Bitcoin's price trajectory especially as the halving event looms.
Regulation
US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance
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."
Exchanges
Iranian crypto exchange Bit24 disputes claims of KYC data leak incident
Data breach incidents are quite common in the crypto sector due to some of the platform's lax security measures.
CBDCs
Iran to launch CBDC on Sept. 22
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
More Iran Crypto News Headlines
Regulation
Iran implements rules allowing businesses to use crypto for import trade transactions
Adoption
Iran pays for $10M import order with crypto, plans to make it ‘widespread’ by Q4
Regulation
Ethereum blasted as “trojan horse for tyranny” following MetaMask scandal
DeFi
