WATCH: Iran uses Bitcoin to evade sanctions and sell oil admits economist

To sidestep sanctions, Iran has turned to cryptocurrency—using it to sell oil, receive payments, and now control about 4% of the world’s Bitcoin mining.

World Israel News 19.08.2025

Iranian economist Roohollah Kohan Hoosh Nejad said in an August 13, 2025 episode of the Iran Podcast on YouTube that Iran uses crypto coins to bypass sanctions, sell oil, and receive goods.

He added that Iran currently controls 4.5% of the world’s bitcoin mining.

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Comments

Celisa Seidel 21:15 19.08.2025 10 days ago

Israeli hackers need to get busy.

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