New Restrictions for Cryptocurrency Exchanges in Iran

Some cryptocurrency exchanges in Iran may face new restrictions. The Central Bank is considering blocking accounts and payment gateways of several of these exchanges. This decision is related to the activities of certain cryptocurrency platforms in the Tether market. Reports indicate the use of methods such as fictitious ordering to influence the price of Tether. Additionally, there is a possibility of these restrictions being intensified, but a financial pathway for settling accounts of customers of these exchanges will remain open. Some exchanges have also faced restrictions on Tether transactions during nighttime hours. This news comes at a time when the price of the dollar in the free market has increased, reaching 270,000 tomans. The global market value of Tether has been reported to be around 184 billion dollars. Specific details about the exchanges subject to the restrictions and how this decision will be implemented are still unclear and require an official announcement from the Central Bank.

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