Crypto India
Crypto India|Mar 01, 2026 05:30
NEW: 🇮🇷 Iran has built a $7.8B crypto shadow economy to bypass U.S. sanctions and the dollar system. • Legalized Bitcoin mining in 2019 using subsidized power • Sells mined BTC to the central bank to pay for imports • IRGC-linked wallets received $3B+ in 2025 • Central bank accumulated $507M+ in USDT • Controls an estimated 2–5% of global BTC hash rate • Citizens turn to BTC during protests and blackouts — CoinDesk(Crypto India)
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