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Guards-linked outlet warns crypto fever in Iran risks blocked assets

Sep 29, 2025, 12:06 GMT+1

A new wave of cryptocurrency speculation has swept through Iranian online markets, with high demand for Tether driving billion-rial trades on unlicensed domestic exchanges, wrote the IRGC-linked outlet Tasnim on Monday.

The agency cautioned that behind the excitement lies a severe risk of financial damage.

“The digital currency market these days is full of real stories of heavy losses,” Tasnim wrote, citing cases of blocked accounts, frozen assets and steep declines in value.

Tasnim quoted experts as saying that in Iran’s economic climate, “we are facing a market with no official oversight, no licensed exchanges, and no recourse if problems arise.”

Recent sanctions pressures and global compliance rules on Tether make Iranian traders especially vulnerable to sudden freezes, with little chance of recovery, added the report.

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Revolutionary Guards commander says 'enemies miscalculated and failed'

Sep 29, 2025, 11:59 GMT+1

Adversaries of the Islamic Republic acted on flawed assumptions that led to their defeat, Ali Fadavi, the deputy commander of the Revolutionary Guards said on Monday.

“The enemies of the revolution acted based on flawed calculations and in many cases made misjudgments that resulted in their defeat,” he said.

Sanctions will never force Iran to submit, Pezeshkian says

Sep 29, 2025, 11:54 GMT+1

Iranian President Masoud Pezeshkian rejected Western pressure and sanctions, insisting the country would not yield to outside demands.

“They want to sanction us because we refuse to bow before them. The idea of bringing us to our knees is nothing but a fantasy,” he said at an event for firefighters.

“This human rights, the United Nations and UNESCO are nothing but lies. Israel can attack any country it wishes without cost.”

“They want to force us to yield before dishonorable people, but even the thought has no place in my mind,” he added.

Japan calls for dialogue after UN sanctions hit Iran

Sep 29, 2025, 11:41 GMT+1

Japan on Sunday urged renewed diplomacy after UN sanctions on Iran’s nuclear program were reinstated, following the collapse of efforts to sustain the 2015 nuclear deal.

“Japan has consistently emphasized the importance of resolving the issue through dialogue, based on the position that Iran's development of nuclear weapons must never be allowed,” Foreign Minister Takeshi Iwaya said.

“It is regrettable that the parties involved could not reach an agreement.” The sanctions returned Saturday after the Security Council failed to extend relief, following European warnings that Iran was not meeting its commitments.

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Iran judiciary warns of legal action against those stoking fear over sanctions

Sep 29, 2025, 11:00 GMT+1

Iran’s judiciary chief warned on Monday that those undermining public morale amid renewed international sanctions would face legal action, accusing them of aiding hostile powers.

“For nearly half a century, the front of arrogance has employed every kind of conspiracy and enmity against the Iranian nation and the Islamic Republic,” Gholamhossein Mohseni-Ejei told the Supreme Judicial Council, using a phrase Iranian authorities employ to refer to Western powers.

He said economic siege was “nothing new” for Iranians, adding: “At this time, when enemies are focusing all efforts to bring down the Iranian nation and system, we must be vigilant that their agents do not infiltrate and damage national unity.”

“Those who through psychological operations weaken people’s spirit and spread fear will face legal measures,” he said, warning that profiteers or individuals disrupting essential goods markets “whether out of greed, negligence, or acting as enemy agents, will be dealt with decisively under the law.”

Earlier this month, Iran’s prosecutor general’s office warned that media and online outlets would also face legal action if their coverage of the reimposed UN sanctions undermines public morale.

Judiciary’s news outlet Mizan said some websites and channels had posted “sensitive content” about rising prices, adding that such reporting threatened the “psychological security of society.”

The judiciary has previously pursued cases against journalists and citizens over commentary on political and economic issues.

MP urges media to ease pressure on currency, gold markets

Sep 29, 2025, 10:58 GMT+1

The return of UN sanctions carries more psychological than economic effects, Iranian lawmaker Hassan Qashqavi said Monday, urging media to avoid exaggeration and reduce hype around currency and gold prices.

“Right now the issue of suspending cooperation with the International Atomic Energy Agency is on the agenda, and previously parliament had approved the suspension of cooperation with the agency,” Qashqavi said.

"The activation of the snapback mechanism by the three European countries was illegal and extortionist," Qashqavi said.

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