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Looking forward, the role of sovereign states in the cryptocurrency market will continue to be a double-edged sword. On one side, countries like Iran may utilize crypto as a means to sidestep traditional financial systems and empower their citizens. On the other, there are inherent risks and challenges that come with dealing in digital currencies.

As countries continue to formulate their regulations and adapt to the evolving nature of finance, the interplay between state and crypto will undoubtedly shape the future of this digital landscape. Engaging with these developments responsibly will be crucial for all stakeholders involved.