Iran’s Ayandeh Bank Collapse Spurs Bitcoin Adoption
On October 23, 2025, Iran’s Central Bank closed Ayandeh Bank after uncovering a $5.1 billion capital shortfall and risky insider lending. State-owned Bank Melli will absorb Ayandeh’s 270 branches and serve 42 million depositors under government guarantees, starting October 25. The failure highlights systemic governance issues, low reserves and reliance on bailouts, eroding trust in Iran’s financial system. Local traders have turned to Bitcoin and other crypto assets as a hedge against traditional bank risk. While the global crypto market shows limited immediate reaction, this crisis could boost long-term Bitcoin adoption in Iran, reinforcing its appeal amid banking instability.
Neutral
This news is likely to have a neutral effect on Bitcoin’s price. While the Ayandeh Bank collapse highlights systemic risks and may drive local demand for Bitcoin as a hedge, its immediate impact on the global crypto market is limited. In the long term, increased adoption in Iran could support Bitcoin’s fundamentals, but short-term price movements are unlikely to shift significantly.