Iran Imposes Crypto Exchange Curfew After $100M Nobitex Hack

In response to a major $100 million hack targeting Nobitex, Iran’s largest crypto exchange, authorities have introduced a strict curfew on all crypto exchange operations. Platforms are now only allowed to operate between 10 a.m. and 8 p.m. daily. The move is seen as an effort to prevent capital flight and increase oversight of digital asset transactions. The decision highlights growing government concerns over crypto-related risks and the need for tighter control in the sector.