bne IntelliNews – Iran central bank blocks crypto payments amid industry backlash
Iran’s Central Bank abruptly blocked payment gateways for cryptocurrency exchanges, triggering sharp criticism from the country’s digital assets industry and marking the third such restriction in recent months.
The latest shutdown, implemented without prior notice, comes weeks after the central bank’s move to freeze crypto exchange bank accounts and a subsequent November suspension of payment processing services, all citing concerns over speculation in the Tether (USDT) market and money laundering risks.
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