How US and Iran are playing a crypto cat-and-mouse game over sanctions

Just 12 hours before the United States and Israel began attacking Iran in late February, Firouz, a crypto user in Tehran, decided to act. “I was feeling all week the war would start soon,” he said.

Trusting his instincts, he moved all his crypto savings out of Nobitex – Iran’s largest digital asset platform and the central hub of the sanctions-hit country’s crypto ecosystem – to his personal dig...