Iran's Central Bank plans to block rial accounts tied to crypto exchanges
- —Iran's central bank will block rial accounts and payment gateways at crypto exchanges
- —Nobitex and Wallex, the country's largest exchanges, are among those affected
- —A daily cap of 2,000 USDT per user has been in place since late September
- —Overnight USDT-toman trading is suspended from 21:00 to 09:00 Tehran time
Why it matters: Iranian exchanges are losing banking rails for converting rials into crypto, deepening pressure on the local USDT market.
Source: Crypto Briefing