{"id":50818,"date":"2026-09-09T18:23:22","date_gmt":"2026-09-09T18:23:22","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=50818"},"modified":"2026-09-09T18:23:22","modified_gmt":"2026-09-09T18:23:22","slug":"iran-continues-using-bitcoin-to-keep-economy-stable-report","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=50818","title":{"rendered":"Iran Continues Using Bitcoin To Keep Economy Stable: Report"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nIran Continues Using Bitcoin To Keep Economy Stable: Report<\/a><\/p>\n

<\/div>\n

Iran is continuing to use bitcoin as a way to skirt around sanctions as the country\u2019s central bank turns a blind eye, according to reports.\u00a0<\/p>\n

The Financial Times<\/em> on Wednesday reported<\/a> that the Middle Eastern country was using cryptocurrencies, including bitcoin, to settle cross-border transactions through Iranian crypto exchanges after the central bank advised its countrymen to do anything necessary to help the economy.\u00a0<\/p>\n

Citing conversations with businesses, regime insiders and analysts, the newspaper said that the central bank had \u201cquietly encouraged traders\u201d to get money flowing to help its struggling economy.\u00a0<\/p>\n

Bitcoin is proving to be a tried and tested way of doing so.\u00a0<\/p>\n

One business insider reportedly told the newspaper that the central bank doesn\u2019t ask any questions about how money is transferred.\u00a0<\/p>\n

Iran has been sanctioned for decades, and a sharp escalation beginning in late 2025 \u2014 UN snapback, EU measures and expanded U.S. energy sanctions \u2014 was compounded by war with the U.S. and Israel starting in February 2026 and a naval blockade that has cut oil exports by more than 80%.<\/p>\n

The country also has one of the highest rates of inflation in the world.\u00a0<\/p>\n

Iran started<\/a> a bitcoin-backed insurance service for its counties shipping companies earlier this year.<\/p>\n

The U.S. in July said that it had frozen crypto linked to the Iranian regime, mostly in the form of Tether\u2019s stablecoin.\u00a0<\/p>\n

Stablecoins like Tether\u2019s USDT can be frozen by the company that issues the asset but bitcoin, being decentralized and having no single issuer, cannot.\u00a0<\/p>\n

The U.S. Treasury\u2019s Office of Foreign Assets Control in July said Iran had been dodging sanctions by accepting pay in bitcoin from ships passing through the Strait of Hormuz.\u00a0<\/p>\n

OFAC said at the time that Hormuz Safe, developed by Iran\u2019s Ministry of Economy, \u201caccepts payment in Bitcoin and other digital assets\u201d so it can bypass sanctions.\u00a0<\/p>\n

The U.S. and Israel struck Iran in February 2026. Fighting has continued in phases since, punctuated by a Pakistan-brokered ceasefire in April and a short-lived memorandum in June.\u00a0<\/p>\n

Both ended up collapsing, and there is currently no ceasefire in place.\u00a0<\/p>\n

This post Iran Continues Using Bitcoin To Keep Economy Stable: Report<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Iran Continues Using Bitcoin To Keep Economy Stable: Report Iran is continuing to use bitcoin as a way to skirt around sanctions as the country\u2019s central bank turns a blind eye, according to reports.\u00a0 The Financial Times on Wednesday reported that the Middle Eastern country was using cryptocurrencies, including bitcoin, to settle cross-border […]<\/p>\n","protected":false},"author":1,"featured_media":50819,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-50818","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"\nIran Continues Using Bitcoin To Keep Economy Stable: Report - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=50818\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Iran Continues Using Bitcoin To Keep Economy Stable: Report - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Iran Continues Using Bitcoin To Keep Economy Stable: Report Iran is continuing to use bitcoin as a way to skirt around sanctions as the country\u2019s central bank turns a blind eye, according to reports.\u00a0 The Financial Times on Wednesday reported that the Middle Eastern country was using cryptocurrencies, including bitcoin, to settle cross-border […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=50818\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-09T18:23:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/07\/US-Closes-In-of-Irans-Bitcoin-Insurance-Policy-in-strait-of-hormuz.jpg\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50818#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50818\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Iran Continues Using Bitcoin To Keep Economy Stable: Report\",\"datePublished\":\"2026-09-09T18:23:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50818\"},\"wordCount\":394,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50818#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/US-Closes-In-of-Irans-Bitcoin-Insurance-Policy-in-strait-of-hormuz-R16o1d.jpg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50818\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=50818\",\"name\":\"Iran Continues Using Bitcoin To Keep Economy Stable: Report - 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