Iran’s Conflict and Internet Disruptions Hit Local Crypto Industry

Mar 3, 2026

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Iran’s Crypto Industry in Containment Mode After Airstrikes

Another issue affected the market as the Central Bank of Iran ordered the halting of trading in the USDT-toman pair. The toman is a superunit of the Iranian rial valued at 10,000 rials, commonly used for currency devaluation purposes.

About these post-strike movements, Global Head of Policy at TRM Labs Ari Redbord stated:

FAQ

What restrictions did the Central Bank of Iran impose on trading?The Central Bank ordered a halt on trading in the USDT-toman pair, complicating access to necessary funds for many users.

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