The Central Bank of Iran restricts the operating hours of domestic exchanges in response to the $90 million Crypto Assets theft incident.

On June 19, according to reports, after the largest Crypto Assets exchange in Iran suffered a cyber attack resulting in losses exceeding $90 million, the Central Bank of Iran has ordered all domestic Crypto Assets exchanges to limit their operating hours.

The new regulations will limit trading hours to between 10 AM and 8 PM, which appears to be a direct response to the hacking attack on Nobitex. This move aims to enhance oversight and reduce the likelihood of future incidents, especially during non-working hours when cybersecurity response times are slower.