Iran is turning to Bitcoin and Tether as sanctions and a tightening economic blockade make it increasingly difficult for the country to access conventional international financial networks. … [Read more...] about Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Iran approves crypto payments for imports
Iran’s Ministry of Industry, Mine and Trade has approved the use of cryptocurrency for imports as a measure to circumvent US sanctions imposed on its finance and banking sector. … [Read more...] about Iran approves crypto payments for imports
Iran legalizes cryptocurrency mining
The Iranian government has authorized cryptocurrency mining as an industrial activity. … [Read more...] about Iran legalizes cryptocurrency mining
Iran could introduce national cryptocurrency
The new token could be unveiled at the annual Electronic Banking and Payment Systems conference that takes place January 29-30. … [Read more...] about Iran could introduce national cryptocurrency
Crypto news in brief (September 6, 2018): Goldman Sachs, Iran, ShapeShift, crypto ATM, ETH futures
- Goldman Sachs is putting on hold plans to open a desk to trade cryptocurrencies - Crypto mining has been accepted as an industry by Iran’s major authorities - ShapeShift introduced a membership program - The crypto ATM market is expected to grow from $16.3 million in 2018 to $144.5 million by 2023 - Cboe is looking to launch ETH futures … [Read more...] about Crypto news in brief (September 6, 2018): Goldman Sachs, Iran, ShapeShift, crypto ATM, ETH futures
Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
- Telegram creates its first blockchain platform service - Iranian citizens have transferred $2.5 billion in cryptocurrency - Bloomberg launches Bloomberg Galaxy Crypto Index (BGCI) - UPbit, the biggest South Korean exchange, is suspected of fraud - Ripple shares results of testing of its xRapid pilot projects … [Read more...] about Crypto news in brief (May 13, 2018): Telegram, Iran, Bloomberg, Winklevoss, UPbit, Ripple xRapid, Nvidia, Huawei
Iranian citizens are turning to cryptocurrencies
Iranians are increasingly turning to bitcoin and other cryptocurrencies seeing how dramatically local currency rial is depreciating. … [Read more...] about Iranian citizens are turning to cryptocurrencies
Iran’s central bank rules out cryptocurrencies
The Central Bank of Iran (CBI) issued a statement prohibiting the country’s banks and financial institutions from dealing with cryptocurrencies. … [Read more...] about Iran’s central bank rules out cryptocurrencies