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Forbes: Iran holds approximately $7.7 billion worth of digital assets

MeNews
ME News Report, May 21 (UTC+8), as the situation in the Middle East becomes increasingly tense, U.S. officials are working to cut off financial channels related to the Iranian regime and intensify efforts to combat Iran's growing use of cryptocurrencies. According to the latest estimate from a threat detection data company, Iran controls approximately $7.7 billion in digital assets. Industry insiders believe that Washington may increase pressure by threatening to cut off cryptocurrency exchanges from the U.S. banking system. (Source: ChainCatcher)
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SudoSatoshi
· 4h ago
Iranian miners were once major players in global computing power.
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NotificationSoundInMistyValley
· 7h ago
It feels like another week of the exchange's compliance department working overtime.
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KiteRerouter
· 9h ago
If cutting off Swift doesn't work, then cut crypto; it's just path dependence.
View OriginalReply0
PaperSculptureOctopus
· 9h ago
The harsher the sanctions, the more active on the chain, everyone who understands knows.
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DustyAirdropper
· 9h ago
7.7 billion dollars, this scale is higher than the GDP of many small countries
View OriginalReply0
SlippageSkeptic
· 9h ago
Cut off bank connections? DeFi smiles and remains silent
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AirdropNightwatch
· 9h ago
Traditional financial sanctions are increasingly becoming paper tigers in the on-chain world.
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PerpNightwatch
· 9h ago
How much of the 7.7 billion is in stablecoins? Just curious.
View OriginalReply0
AutumnTranquility
· 9h ago
The United States is trying to force exchanges into becoming offshore islands.
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