TRM Labs: Iran's cryptocurrency flow decreased by 11% in the first 7 months of 2023

According to a report from TRM Labs, the funding inflow to Iran's cryptocurrency platforms has decreased due to the breakdown of financial negotiations with Israel, a $90 million hack on Iran's largest cryptocurrency exchange Nobitex, and Tether freezing 42 wallets. From January to July, Iran's cryptocurrency flow reached $3.7 billion, a decrease of 11% compared to the same period last year, with the largest declines occurring in June and July.