Wire · regulatory
Iran turns to crypto for export payments amid sanctions: FT
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Fusion42 · 9 September 2026 · Fusion42 review
Iran's central bank has informally eased regulations to allow exporters to use cryptocurrencies such as USDT and Bitcoin for cross-border payments amid U.S. sanctions, facilitating repatriation of export revenues outside traditional banking channels. Despite these informal shifts, U.S. sanctions still pose significant legal risks for foreign counterparties involved in Iranian crypto transactions.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You face a new route for Iranian export payments using cryptocurrency tolerated by local regulators despite U.S. sanctions. Move quickly to understand cross-border crypto compliance risks if you work with Iranian partners or look to serve sanctioned-region trade flows.
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1 source · 9 Sep 2026
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