Crypto outflows from Iranian platforms surged to $4.2 billion as a result — up 70% year-over-year
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Iranians 'flocked' to crypto amid geopolitical tensions in 2024 as exchange outflows surged 70% to $4.2 billion: Chainalysis
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A Chainalysis report found that Iranians turned to cryptocurrency as a means to preserve wealth, amid economic instability and restrictive controls, driving a 70% surge in exchange outflows reaching $4.2 billion in 2024
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