Reuters Says 11 Million Iranians Are Buying and Holding Bitcoin and Crypto

The report says roughly 10% of Iran’s population now holds digital assets, highlighting crypto’s growing reach in markets facing economic and financial pressure.

BTC

Summary

Reuters reported that 11 million people in Iran are buying and holding Bitcoin and other cryptocurrencies, representing about 10% of the country’s population. The figure points to broad retail adoption in a market where digital assets can attract interest as alternative stores of value and payment rails. The source text does not provide a timeframe, breakdown by asset, or additional methodology beyond attributing the figure to Reuters.

Terms & Concepts
  • Bitcoin: A decentralized digital currency that operates on a blockchain (shared digital ledger) without direct control by a central authority.
  • Cryptocurrency: A digital asset secured by cryptography and typically recorded on a blockchain (shared digital ledger), often used for payments, trading, or savings.
  • Blockchain: A distributed database that records transactions across a network, making records transparent and difficult to alter.