Iran Economic Crisis: [Live] Updates and Impact on the Crypto Market

Iran’s currency has plunged to record lows, triggering fears of a wider breakdown in governance. With public trust shattered and international convertibility near zero, imports of fuel, food, and medicine are stalling, pushing the economy toward black-market dependence. Reports suggest state institutions are struggling to pay salaries, weakening loyalty among security forces and bureaucrats. As prices spiral out of control, local authorities are increasingly forced to improvise solutions to keep basic systems running. Analysts warn the currency collapse is no longer just an economic crisis—it is rapidly becoming a political and institutional one, raising serious questions about the regime’s ability to maintain control.