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Iranian elites split over war costs as sanctions bite
Al Jazeera AR·IR·3 days ago
Iran's central bank is promoting cryptocurrency repatriation to maintain commercial flows and circumvent US sanctions, aiming to preserve economic and military capacity amid conflict with the US. This marks an escalation in Iran's use of digital assets as a sanctions-evasion tool, though the scale and effectiveness remain uncertain. The move signals a shift in Iran's financial strategy, potentially complicating US enforcement efforts.
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