Chainalysis: Iranians ‘flocked’ to crypto as rial collapses and restrictions grow

Crypto adoption in Iran surged in 2024 as citizens sought to escape economic turmoil and government-imposed financial restrictions. According to Chainalysis, Iranian crypto outflows reached $4.18 billion — up 70% year-over-year — as trust in the financial system eroded and…

Feb 19, 2025 - 13:00
Chainalysis: Iranians ‘flocked’ to crypto as rial collapses and restrictions grow
Crypto adoption in Iran surged in 2024 as citizens sought to escape economic turmoil and government-imposed financial restrictions. According to Chainalysis, Iranian crypto outflows reached $4.18 billion — up 70% year-over-year — as trust in the financial system eroded and…
Read More