#cryptocurrency-sanctions-evasion

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#bitcoin-volatility #middle-east-conflict #geopolitical-risk #iran-crypto-activity #tether #iran-central-bank
Cryptocurrency
fromFortune
1 week ago

A brief collapse in Bitcoin's price echoes earlier geopolitical conflicts-but a rapid bounceback shows the long term impact of Iran strikes are unclear | Fortune

Bitcoin recovered from a 4% drop to $63,000 following U.S. strikes on Iran, rebounding to $69,000 by Monday as geopolitical tensions escalated in the Middle East.
fromwww.theguardian.com
1 month ago

Iran's central bank using vast quantities of cryptocurrency championed by Farage, says report

Elliptic, a crypto analytics company, said it had traced at least $507m (377m) of cryptocurrency issued by Tether a company touted by the Reform UK leader passing through accounts that appear to be controlled by Iran's central bank. Elliptic's report tracked what it says is the Iranian central bank's systematic accumulation of Tether stablecoins, a type of crypto that is pegged to the dollar so it can easily be exchanged for hard currency.
World news
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