Iranians Move Bitcoin Off Exchanges as Rial Weakens
Iranians are increasingly withdrawing bitcoin to personal wallets as protests intensify and the rial continues to collapse amid economic stress.
Iranians are increasingly withdrawing bitcoin to personal wallets as protests intensify and the rial continues to collapse amid economic stress.
Protests in Tehran followed a sharp collapse in the rial, drawing renewed attention to Bitcoin as a potential hedge against currency instability, according to Bitwise CEO Hunter Horsley.