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Billions in crypto are moving in Iran. Analysts can’t agree if it’s war-time panic or business as usual.

Billions in crypto are moving in Iran. Analysts can’t agree if it’s war-time panic or business as usual.

2026-03-05

When airstrikes hit Iran on Feb. 28, crypto outflows from Nobitex spiked 873%, suggesting a “digital bank run” was ongoing. The reality may be more complex.

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