Could this blow destroy all the crypto assets held by Iran?! No wonder there's a surge.
By 2025, Iran's crypto ecosystem is projected to reach $7.78 billion, with the Islamic Revolutionary Guard Corps controlling over 50% of the fund flow. Chainalysis data shows that by 2025, Iran's crypto ecosystem will be worth $7.78 billion, with addresses linked to the IRGC accounting for more than 50% of crypto inflows, receiving over $3 billion throughout the year. Elliptic points out that the Central Bank of Iran will have accumulated at least $507 million in USDT by 2025 for stabilizing the rial and trade settlements. The government's Bitcoin mining cost is approximately $1,300 per coin, sold at market price. Recent military strikes by the US and Israel on Iran could disrupt the power grid, potentially impacting energy-intensive mining activities. (CoinDesk)$ETH
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Could this blow destroy all the crypto assets held by Iran?! No wonder there's a surge.
By 2025, Iran's crypto ecosystem is projected to reach $7.78 billion, with the Islamic Revolutionary Guard Corps controlling over 50% of the fund flow.
Chainalysis data shows that by 2025, Iran's crypto ecosystem will be worth $7.78 billion, with addresses linked to the IRGC accounting for more than 50% of crypto inflows, receiving over $3 billion throughout the year. Elliptic points out that the Central Bank of Iran will have accumulated at least $507 million in USDT by 2025 for stabilizing the rial and trade settlements. The government's Bitcoin mining cost is approximately $1,300 per coin, sold at market price. Recent military strikes by the US and Israel on Iran could disrupt the power grid, potentially impacting energy-intensive mining activities. (CoinDesk)$ETH