Iran cashing in on cryptocurrencies to avoid US sanctions
IRBIL, IRAQI KURDISTAN: Until the spectacular collapse last week of the digital-asset exchange FTX, what was making headlines was Iran’s use of cryptocurrencies to overcome the disadvantages of being cut off from the global financial system. Earlier this month, Reuters news agency reported that the leading crypto exchange Binance had processed $7.8 billion worth of Iranian
Source: arabnews.com