Iranians are increasingly turning to Bitcoin (BTC) and other cryptocurrencies in the wake of the US exit from a multilateral nuclear accord with the country this week. The news has plunged the country into economic turmoil, resulting in a surge of interest towards crypto, as Forbes reports Thursday, May 10.
Mounting anticipation that the Obama-era accord would collapse has brought Iran to the brink of a national currency crisis, with the Iranian rial losing around a quarter of its value in the past six months.