The Bitcoin Policy Institute (BPI), a US think tank, has pointed out that Bitcoin has increased its presence as a risk-averse tool in the Middle East and North Africa (MENA) region, triggered by the conflict surrounding Iran. In its analysis titled 'How Conflict is Changing Digital Asset Use in the Middle East,' published on the 4th, BPI discusses the changing role of cryptocurrencies in MENA. Traditionally, intensified conflicts lead to capital outflow from the region. However, the current conflict in Iran shows a different trend. Instead of capital flowing out, a significant portion has shifted towards cryptocurrencies. BPI notes this movement as an increase in economic and geopolitical risks...