Report: Iran using cryptcurrencyo extensively to avoid US sanctions

A report expected to be released by Senate Democrats states that Iran has extensively used the cryptocurrency USDT to circumvent US sanctions, according to the Wall Street Journal. The currency has become a major payment method for the Iranian regime and a tool for financing terrorist organizations, including Hezbollah. The report highlights the growing role of digital assets in evading financial restrictions.

A report that Senate Democrats are expected to release today (Monday) states that Iran has made extensive use of the cryptocurrency USDT to circumvent US sanctions, the Wall Street Journal reported. According to the report, the currency has become a major means of payment for the Iranian regime and a tool for financing terrorist organizations - including Hezbollah.