Iran's Rial Crisis: Bitcoin as a Sanctuary?
Update: 2025-12-30
Description
Protests erupt in Tehran as Irans rial plummets, wiping out life savings. Bitcoin advocates like Bitwise CEO Hunter Horsley argue its a tool against economic mismanagement. Irans central bank governor resigns amidst uncertainty. Crypto plays a complex role, with trading allowed but self-custody rules unclear, and mining heavily regulated despite cheap electricity. Sanctions and regional conflicts cripple banking access, putting eight banks at risk of collapse, while a major crypto exchange hack stole eighty-one million dollars. Checkout Solipillow.com
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