Iranian cryptoasset outflows surge 700% following airstrikes Elliptic’s analysis shows that cryptoasset outflows from Nobitex, the largest Iranian cryptoasset exchange, surged immediately following the initial US-Israeli strikes on Iran Nobitex sent or received $7 2 billion in cryptoasset transactions in 2025 With more than 11 million users, it is a critical part of Iran’s cryptoasset ecosystem It has also been linked to IRGC-aligned financial
The Central Bank of Iran has acquired US dollar stablecoins worth at . . . Elliptic analysis reveals that the Central Bank of Iran has acquired at least $507 million in USDT, the US dollar-backed stablecoin This was likely used to support the value of the Iranian rial, providing a viable alternative for market intervention given that sanctions prevent the regime from deploying its official foreign reserves
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2025 Crypto regulatory and policy outlook: 5 Trends to expect for the . . . Elliptic has published research demonstrating the industrial scale of this activity, and revealing the prominent role of a Cambodian conglomerate known as Huione Guarantee in creating a marketplace for scammers that relies on cryptoassets
About Us | Elliptic - Crypto Exchange Monitor Elliptic's founders engaged with digital assets in 2011, recognizing the potential for innovation in financial services With backgrounds in regulated financial institutions, they knew the digital asset industry would have to operate within financial crime regulatory frameworks to reach its full potential With that in mind, they built and launched the world's first compliance tools using