星球日报|Sep 09, 2026 04:56
[Approximately $10 Billion in Cryptocurrency Flows Through Iran, Businesses Permitted to Use USDT and Bitcoin for Cross-Border Transactions]
Odaily Planet Daily News: Iran is gradually easing foreign exchange controls and allowing businesses to use Tether (USDT) and Bitcoin for cross-border transactions. According to informed sources, the Central Bank of Iran has, in recent months, encouraged businesses to repatriate overseas funds through local cryptocurrency exchanges and other channels. Businesses can also exchange foreign currency on the open market and directly use export revenues to import goods. A senior executive close to the Iranian regime stated that the central bank currently does not scrutinize the methods of fund transfers, and using cryptocurrency to collect export payments has become commonplace.
Data shows that by 2025, approximately $10 billion worth of cryptocurrency will flow through Iran. Blockchain analytics firm Elliptic estimates that Iran accounts for about 4.5% of global Bitcoin mining activity. Within Iran, there remains over $100 billion in undeclared overseas and domestic revenues, with more than 20,000 individuals and businesses failing to fulfill obligations to repatriate approximately €94 billion in export earnings.
Previously, Tether froze approximately $344 million in wallet assets linked to the Central Bank of Iran. The U.S. Treasury Department has also warned that engaging in digital asset transactions with Iran may carry the risk of sanctions.
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