Iran Forges Ahead with Its Experimental National Cryptocurrency

Various central banks have shown a keen interest in creating their own digital currencies. Doing so is very different from drafting a whitepaper about it. It now seems most countries have put those plans on ice indefinitely, though Iran is an exception. That nation has decided to experiment with a new cryptocurrency, even though the trading of actual cryptocurrencies such as Bitcoin is officially banned in the country. Iran Takes a Contrarian Step While it is only a matter of time until we see more central bank-issued digital currencies come to market, most governments have given up on this concept for the time being.