🚨 Urgent: Iran imposes a curfew on cryptocurrency exchanges after Nobitex hack of $100 million!
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⏱️ New trading time restrictions:
Iran has issued orders to restrict the operating hours of cryptocurrency exchanges, now limited to the period from 10 AM to 8 PM. This decision comes after the hacking of the Nobitex platform, which resulted in losses of $100 million.
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💡 Why these restrictions?
* 🚫 Preventing capital flight: According to Chainalysis analysis, this move may aim to prevent capital flight from the country.
* ⚖️ Controlling transactions: Iran seeks to enhance its control over financial transactions, especially in light of international sanctions.
* 🛡️ Security concerns: The recent hack of the Nobitex platform highlighted the need to enhance security in the local crypto market.
❓Do you think these restrictions will hinder the growth of the cryptocurrency market in Iran or increase government control over it?
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