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Iranabout 4 hours ago·Escalating·HIGH 70

Cryptocurrencies aiding Iran during war

The situation illustrates how sanctions are leading to innovative adaptations in economic practices, potentially destabilizing the region further.

Since the start of the Middle East conflict, Iran has seen significant cryptocurrency flows used to circumvent sanctions on its Revolutionary Guards and provide a financial haven for civilians facing inflation. This analysis explores the various ways in which digital currencies are being leveraged within the country amid ongoing sanctions.
70
Humanitarian60
Economic75
Security65
Political70
Confidence 51/100 — moderate corroboration

Read the original sources

Al-Monitor

Organisations

Iran's Revolutionary Guards

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