Iranian users’ Tether holdings could be blocked amid tighter global sanctions enforcement and cryptocurrency oversight, an outlet tied to Iran’s Revolutionary Guards reported on Sunday.
“Thousands of addresses on the Tether network have so far been frozen and their assets effectively made inaccessible,” Tasnim News said.
On Saturday, the agency also urged regulators to act firmly against domestic exchanges, including Nobitex, for publishing real Tether-dollar rates.
The Central Bank of Iran announced a new regulation on Saturday restricting the purchase and holding of stablecoins such as Tether.