Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation

Iran Adopts Bitcoin for Payments Amid Escalating Sanctions, Depreciating Rial, Rising InflationThe Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic crisis as Covid-19 cases surge in the country. The Iranian health ministry says that the number […]

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Islamic Republic of Iran to “Control and Prevent” Growth of Cryptocurrencies

Islamic Republic of Iran to “Control and Prevent” Growth of Cryptocurrenciesجمهوری اسلامی ایران‎ The Islamic Republic of Iran has apparently changed course on cryptocurrency, or perhaps it has clarified its real position previously mischaracterized by the press. It’s increasingly difficult to get a real handle on the official status of crypto in the Persian homeland.   Also read: How To Regain Control From Nanny Zuck Iran […]

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