Iran’s Crypto Activity Surges Amid Economic Unrest
- Iran’s cryptocurrency ecosystem reached approximately $7.78 billion in value in 2025, showing significant growth from the previous year.
- Bitcoin withdrawals by civilians increased during mass protests and an internet blackout starting in late December 2025.
- Over half of Iran’s crypto value received in late 2025 was linked to networks associated with the Islamic Revolutionary Guard Corps (IRGC).
The surge in Iran’s cryptocurrency activity is attributed to economic instability and a collapsing currency, prompting civilians to seek financial refuge through Bitcoin and other digital assets. The report highlights Bitcoin as a preferred asset during crises due to its stability and resistance to censorship.
Chainalysis data suggests that both individuals seeking wealth preservation and state-linked actors under sanctions are driving the increased adoption of cryptocurrency in Iran, marking a notable shift in the country’s financial landscape. (Source)
