Bitcoin Gets the Headlines, But Iran’s IRGC Runs on Something Else: Chainalysis
The Islamic Revolutionary Guard Corps controls “an overwhelmingly large share” of Iran’s entire crypto economy, according to Kaitlin Martin, Senior Intelligence Analyst at Chainalysis. The newly reported Strait of Hormuz toll system appears to mark the latest expansion of Iran’s broader crypto integration efforts. Yet, behind Iran’s expanding footprint, stablecoins, not Bitcoin (BTC), appear to...
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