Iran Pushes Crypto Adoption To Bypass International Sanctions

Iran is increasingly exploring the use of digital assets to bypass U.S. and UN sanctions, urging BRICS countries—including India—to accept cryptocurrency for cross-border trade.

Speaking at the government-backed deBlock Summit, Parliament Speaker Mohammed Bagher Ghalibaf praised crypto as a tool for enabling independent nations to conduct commerce outside traditional systems like SWIFT, from which Iran is excluded.

Renewed sanctions from France, Germany, and the U.K. in August 2025, triggered by concerns over uranium enrichment, have intensified Iran’s search for alternative payment channels.

Iranian officials argue that blockchain-based trade could position the country as a regional and global hub for digital-asset commerce, though regulatory clarity and partner adoption remain uncertain.

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