Chainalysis: Iran's Crypto Market Reaches $7.8 Billion Amid Sanctions
According to Chainalysis, Iran has developed a significant cryptocurrency ecosystem valued at $7.8 billion. The report highlights the growth of crypto adoption within the country, which may be influenced by international sanctions and a desire to circumvent traditional financial systems. The development suggests a growing trend of using digital assets in regions facing economic restrictions, though the specifics of the ecosystem's composition and usage are not detailed in the provided source.
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