UK Moves To Shut Down Crypto Exchange Tied To Iran’s Military
A blockchain analytics firm found that nearly 90% of money processed by a UK-registered crypto exchange in 2024 was connected to Iran’s most powerful military organization. Related Reading: Crypto Crackdown Intensifies: Canada Revokes 47 Licenses A Billion Dollars And A Fake Boss TRM Labs, which tracks cryptocurrency flows, reported that Zedxion Exchange and a related […]
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Iran had already begun collecting crypto payments from ships crossing the Strait of Hormuz when US authorities moved to cut off the money. Related Reading: Crypto Crime Hit Hard: $700 Million Frozen By DOJ Strike Force On Friday, the Treasury Department announced it had frozen over $340 million in cryptocurrency tied to Iranian military and […]
A new Reuters investigation has raised serious questions about Iran’s largest cryptocurrency exchange, Nobitex, describing it as a major channel in a parallel financial system that helps money move around US sanctions—using both the country’s security-linked institutions and everyday users. Even more concerning, the report says the exchange is controlled by two sons from the […]
Bitcoin (BTC) has moved beyond a payments network and reserve asset into a technology increasingly tied to strategic defense and cybersecurity. US military officials are now weighing its value and potential role in national security. These remarks have added to the growing discussion around how the cryptocurrency could strengthen military resilience and support national power. […]
According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%. Related Reading: UK Listing? Not For Bitpanda—Liquidity Concerns […]
Markets just got rattled. After Trump ordered airstrikes on Iran’s nuclear sites, crypto took a tumble. XRP slid nearly 16% in the last month, dipping from around $2.47 to $2.04 amid panic across the market. Meanwhile, $595M in bullish bets were wiped out during the crash, as U.S. military action triggered massive liquidations across Bitcoin, […]