TRM Labs: Iranian Crypto Flows Fall to $3.7B in 2025 as Nobitex Hack, Tether Freezes and Geopolitics Erode Trust

TRM Labs reported that Iran’s crypto economy contracted in early 2025 amid escalating geopolitical tensions and a major exchange hack, with total cryptocurrency flows involving Iranian entities falling to about $3.7 billion between January and July 2025 — an 11% decline from the same period in 2024 and sharp month‑over‑month drops after April, including a […]