Iran’s rial hits record low as US readies new sanctions

Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline

Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar bitcoin mining workaround. A Record-Low Rial and a New Sanctions Wave Iran’s open-market exchange rate slid to roughly 2.02 million rials per dollar earlier this […]

Bitcoin.com News•Shiraz Jagati