Crypto outflows from Iranian exchanges spiked to $10.3 million, underscoring cryptocurrencies’ role as financial safe havens during geopolitical crises.
Between February 28 and March 2, crypto outflows from Iranian exchanges surged to $10.3 million in the wake of US-Israeli airstrikes.
Nobitex, Iran’s largest cryptocurrency exchange, witnessed a striking 700% rise in outgoing transaction volumes immediately after the airstrikes, as reported by Elliptic. This surge reflects the growing trend of utilizing cryptocurrencies as a financial refuge during periods of instability.
Iran’s crypto ecosystem was valued at $7.8 billion in 2025, with significant activity often linked to geopolitical events,…
