Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline

NewsWed, 26 Aug 2026 08:30:37 UTC2 hours ago
Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline
Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar bitcoin mining workaround. A Record-Low Rial and a New Sanctions Wave Iran’s open-market exchange rate slid to roughly 2.02 million rials per dollar earlier this […]
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