As the U.S. appears poised to make a pro-crypto pivot, other nations are moving to embrace web3 as well. On Dec. 7, Nour News, an Iranian news outlet, reported that Abdolnaser Hemmati, Iran’s Minister of Economic Affairs and Finance, announced plans to regulate digital assets after seeking to limit domestic adoption for many years. Hemmati reportedly noted that digital assets could serve to bypass the stringent economic sanctions imposed on Iran. One day later, Mohammad Sadegh Alhosseini, a local author, estimated that Iranians hold between $30 billion and $50 billion worth of crypto assets, and drive roughly $143 million worth of daily digital asset trade. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io