Bitcoin

Iran Imposes Crypto Exchange Curfew After $100M Nobitex Hack

In response to a major hack of $ 100 million targeting Nobitex, the largest Iranian crypto exchange, the authorities have introduced a strict curfew on all crypto exchange operations. The platforms are now allowed to operate between 10 a.m. and 8 p.m. daily. This decision is considered an effort to prevent theft of capital and increase the surveillance of digital asset transactions. The decision highlights the growing concerns of the government concerning the risks linked to crypto and the need for stricter control in the sector.

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