Blockchain analytics firm TRM Labs said that due to the collapse of nuclear negotiations with Israel, the $90 million hack of Iran's largest cryptocurrency exchange, and the blacklisting of a mainstream stablecoin, the amount of money flowing into Iranian cryptocurrency exchanges will decline in 2025.
In a report released on Tuesday, TRM Labs noted that between January and July this year, the total amount of cryptocurrency flows in Iran reached $3.70 billion, down 11% from the same period last year, with the most significant decreases in June and July.
"The decline coincides with the collapse of nuclear talks, the 12-day conflict with Israel that began on June 13, and massive power outages in Iran caused by physical military operations and cyber attacks by Israel, as well as power outages initiated by the Iranian regime."
TRM Labs: Iranian cryptocurrency flows fell by 11% due to the Israeli-Iranian conflict and the Nobitex hack.
2025-08-27 00:55:15
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