Amid rampant inflation, economic crisis, and protests in Iran, citizens have increasingly withdrawn Bitcoin from exchanges to personal wallets as the rial plummeted to historic lows. Blockchain data from Chainalysis shows a notable rise in Bitcoin transfers during an internet blackout and political unrest starting late 2025. The Islamic Revolutionary Guard Corps also dominates Iran’s crypto ecosystem, accounting for half of the nation's crypto activity with transactions surpassing $7.78 billion in 2025.

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