Iran Crypto Outflows Hit $103M as Russia, Pakistan and Hong Kong Advance Web3 and Binance Plans

Between February 28 and March 2, crypto users withdrew about $103 million from Iranian exchanges following U.S.-Israeli airstrikes, while Russia drafted a separate stablecoin bill and Pakistan approved its Virtual Assets Act. Over the same period, Hong Kong stepped up efforts to attract Web3 firms and Binance outlined plans to obtain five additional regulatory licenses across Asia in 2026.