Tag: Iranian

The Iranian Government Is Preparing to Launch Its Own Cryptocurrency

Altcoins The authorities of Iran is preparing to start its cryptocurrency, based on state-controlled media reports. ) The intended aim of this new Iranian govcoin is to assist the nation skirt the global financial sanctions intended to cut its accessibility to the international market. The Iranian Directorate for Scientific and Technological Affairs of those Presidential […]

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Iran Considers Using Cryptocurrencies to Evade US Sanctions

Economy & Regulation Iran may use cryptocurrencies as part of its attempts to bypass the forthcoming US sanctions, according to a high-ranking Iranian lawmaker who stated the issue will be discussed in parliament shortly. The Iranian MP also considers that electronic currency can help with beating the hegemony of the US dollar.    Cryptocurrencies are […]

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$2.5 Billion Sent Out of Iran to Purchase Cryptocurrencies

Finance The chairman of the economic committee of Iran’s parliament has shown that Iranians have shipped over $2.5 billion from the nation to buy cryptocurrencies with. His announcement follows the nation’s central bank prohibiting local banks from handling digital monies such as bitcoin. Mohammad Reza Pourebrahimi, the Chairman of those Economic Commission of those Parliament […]

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Iran Continues to Develop State Cryptocurrency Despite Central Bank Ban

Iran has been growing its cryptocurrency, a job that has afforded an experimental neighborhood crypto, regardless of the nation’s central bank prohibiting banks from managing cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light onto the job, commented on its alleged use to evade sanctions, also explained that the central bank’s activity. Iran’s Information […]

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