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Iran's government hits out at crypto again as currency freefalls

 Published: 12:22, 27 February 2025

Iran's government hits out at crypto again as currency freefalls

Iranian authorities have again been cracking down on cryptocurrencies and online exchanges as the value of the national currency plummets in an economy in turmoil.

Last month, the Central Bank of Iran (CBI) suddenly stopped rial payments in all cryptocurrency exchanges, leaving more than 10 million crypto users unable to spend rials on Bitcoin and other global online currencies.

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