Tehran Uses Cryptocurrencies to Circumvent Sanctions
Iran uses cryptocurrencies, especially the stablecoin USDT, as a primary means for money laundering and evading Western sanctions. Tehran relies on an advanced infrastructure that includes Bitcoin mining, with the Central Bank utilizing this system to manage and transfer funds outside of banking oversight. This has contributed to the internationalization of the Iranian Revolutionary Guard's financial operations. However, recently, many digital wallets associated with the Guard were frozen by the United States in an effort to cut off financial smuggling channels.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)