Iran Approves the Use of Cryptocurrency For Cross-border Trade Dealings

[PatrickJackson]

To evade US sanctions, Iran has turned to cryptocurrency for the exchange of goods imported into the country, as per a report by Industry Mines and Trade Minister Reza Fatemi Amin. Iran will henceforth use cryptocurrency to replace dollars and euros to neutralize the...


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[Muneeb]

Iran make a great decision that they are going to start the trading of crypto coin for the cross border peoples and peoples can easily send and receive their coin in seconds. Crypto market is a great market in the world and this time peoples are invest their money and hold their all coins and sell them when the market go high.

[Etrilicious]

Iran will henceforth use cryptocurrency to replace dollars and euros to neutralize the effect of the sanction against the country by the West.
“All the issues related to crypto-assets, including how to provide fuel and energy, and how to assign and grant licenses were devised,”. And i really hope this is not a temporary fix, because hearing these is a win to cryptocurrency as its widely used and accepted.