Australia is on a trajectory for only $710 million in annual economic gains 
from crypto by 2030 unless there&#8217;s a substantial change, said the Digital 
Finance Cooperative Research Centre.

Australia is at risk of missing the $17B crypto boat, researchers say

Hours after explosions were reported in Tehran, digital money began moving. 
Reports say cryptocurrency withdrawals from Iran’s largest exchange jumped 
sharply as news of US and Israeli airstrikes spread across the country. 
Related Reading: Crypto’s Quietest Month In Nearly A Year — But Hackers 
Haven’t Gone Away Blockchain data reviewed by analytics firms shows outflows 
rising about 700% in a short window, a spike that stood out against normal 
daily activity. Crypto Rush Follows Airstrikes According to blockchain 
tracking firm Elliptic, wallets linked to Nobitex, Iran’s biggest crypto 
trading platform, sent out far more funds than usual within minutes of the 
first strike. In less than an hour, transfers climbed into the millions of 
dollars. The surge was quick. It was also brief. The timing caught attention. 
Based on reports, the jump began almost immediately after confirmation of 
military action. Digital assets were shifted to external wallets and, in some 
cases, to overseas exchanges. For many Iranians who already face sanctions and 
banking limits, crypto has become one of the few ways to move value across 
borders. Nobitex has long operated in a gray zone shaped by sanctions and 
capital controls. Crypto use in the country has grown over the years as access 
to global finance tightened. During past waves of unrest, similar patterns 
were recorded, though not always at this scale. Internet Blackout Slows The 
Flow The rush did not last. Reports note that internet connectivity across 
Iran dropped by about 99% shortly after the strikes, limiting further 
transfers. With connections cut or heavily restricted, the stream of outgoing 
crypto transactions slowed to a trickle. TRM Labs, another blockchain 
analytics firm, said the spike may reflect short-term panic rather than an 
organized effort to move large pools of capital. A sharp move from a low base 
can look dramatic in percentage terms. Some transactions were completed before 
the blackout. Others appear to have stalled. Transfers can be initiated 
quickly, but they still depend on access to the internet and functioning 
platforms. When connectivity disappears, so does that option. Weakened 
Currency Iran’s economy has been under strain for years. Sanctions tied to its 
nuclear program and regional policies have limited trade and weakened the 
national currency. Crypto mining and trading, at times tolerated and at other 
times restricted, have offered an alternative path for some citizens and 
businesses. Related Reading: Wall Street Giant JPMorgan Sees Clarity Act 
Driving Second-Half Upside There has been no public sign that the spike 
altered broader crypto prices. Bitcoin and other major tokens reacted more to 
global risk sentiment than to activity inside Iran alone. Still, the 700% 
surge serves as another example of how quickly digital money can respond to 
geopolitical shocks. For a few tense hours, crypto became a lifeline for some 
users in Iran. Then the cables went dark, and the flow slowed. Featured image 
from Pixabay, chart from TradingView

Iran’s Crypto Market Shaken As Outflows Skyrocket 700%

Trump&#8217;s push for crypto collaboration may reshape financial regulations, 
challenging traditional banks and potentially boosting US crypto leadership.
The post Trump pressures banks to make deal with crypto firms over market 
structure bill appeared first on Crypto Briefing.

Trump pressures banks to make deal with crypto firms over market structure bill

Crypto outflows from Iran’s largest exchange surged 700% within minutes of 
U.S.-Israeli airstrikes, according to Elliptic data, signaling possible 
capital flight as geopolitical tensions and sanctions pressure intensify 
across the region’s fragile financial system. Iran Sees Massive Surge in 
Crypto Outflows Following Airstrikes Conflict and financial instability often 
accelerate shifts toward borderless digital assets. Blockchain […]

700% Surge: Crypto Outflows From Iran’s Largest Exchange Spike Minutes After US-Israeli Airstrikes

Trump has urged banking groups to “make a good deal” with the crypto industry 
and said undermining the GENIUS Act is “unacceptable.”

Cryptocurrency price in PHP