Iran cuts five crypto exchanges off from banking system for three days
- —Five Iranian crypto exchanges lost banking access for three days, with a possible extension
- —Nobitex said the restrictions stem from its refusal to share client data
- —Iran's central bank had planned to block exchange accounts over USDT market manipulation
- —Late September rules capped daily USDT purchases at 2,000 and banned trading from 21:00 to 09:00
Why it matters: USDT is a key dollar channel for sanctions-hit Iran, so the curbs threaten liquidity and user access to crypto in the country.
Source: Bithub
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