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To: nuconvert
Iran's Crypto-Fueled War Economy. The decentralized nature of cryptocurrency makes it an ideal vehicle for sanctions evasion and an increasingly vital pillar of Iran's wartime economy.

Iran's rapidly expanding cryptocurrency economy, which is closely tied to the Islamic Revolutionary Guard Corps (IRGC). Reports indicate that even amid ongoing U.S.-Israeli airstrikes targeting major Iranian cities and infrastructure, the country's largest digital asset platform, Nobitex, continues to operate. It serves both as a retail gateway for ordinary Iranians seeking access to foreign currency and as a crucial pillar of Iran's financial architecture, enabling cross-border value transfers beyond traditional banking channels. Although Iran has refrained from legally or officially adopting cryptocurrency, it has increasingly supported the industry, albeit in a controlled manner, as a potential revenue source and sanctions-busting apparatus.

https://gulfif.org/irans-crypto-fueled-war-economy/

2,099 posted on 05/30/2026 1:13:39 AM PDT by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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To: AdmSmith

That was eye opening. I had read that crypto mining had almost ceased due to damage caused during war.


2,100 posted on 05/30/2026 1:41:27 AM PDT by nuconvert ( Warning: Accused of being a radical militarist. Approach with caution.)
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To: AdmSmith

I re-posted this link as a new thread.


2,104 posted on 05/30/2026 4:18:59 AM PDT by nuconvert ( Warning: Accused of being a radical militarist. Approach with caution.)
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