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Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline

Josh1 min read

Iran Rial crashIran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar bitcoin mining workaround. A Record-Low Rial and a New Sanctions Wave Iran’s open-market exchange rate slid to roughly 2.02 million rials per dollar earlier this […]

Source: https://news.bitcoin.com/featured/iran-rial-record-low-bitcoin-mining-sanctions/

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