Hyperbitcoinization: How Currency Crises Are Driving Nations to Crypto
Disaster capitalism: How inflation and economic crisis are driving nations to cryptocurrencies Go to Source Powered by WPeMatico
Iran
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Iranian National Crypto’s Features Revealed as Official Launch Looms Closer
Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an institution that develops banking and … Read more
Details of Iran’s National Cryptocurrency Unveiled
Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Built on Hyperledger Informatics … Read more
Iran Expected to Lift Cryptocurrency Ban in September
The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. Also Read: Thailand Updates … Read more
Iran: State-Backed Crypto Draft is Ready, Central Bank to Soon Announce Stance on Crypto
Iran’s National Cyberspace Center reveals the draft of the state-backed cryptocurrency project is ready, local news outlet reports Go to Source Powered by WPeMatico
Iran Steps Up Plan for National Crypto After US Sanctions
Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. Also read: New Bill Proposes 5% … Read more
Iranian Crypto Ransomware Threat Will Rise in Today’s Geopolitical Climate, Report Predicts
A new report from Accenture states that Iran-based ransomware demanding payment in crypto is on the rise and will further escalate in the current geopolitical climate Go to Source Powered by WPeMatico
P2P Markets Report: Selling Drives Upswing in Emerging Markets’ Volume
The recent selling pressure experienced by BTC has driven a surge in the peer-to-peer trade volume for numerous emerging cryptocurrency markets. The Localbitcoins markets for the Philippines, Iran, and Kazakhstan have all seen a significant upswing in the number of bitcoins traded in recent weeks. Also Read: Blockchain States Lure Citizens with Political Nostalgia and Voting … Read more
Looming US Sanctions Lead Iran to Develop a National Digital Currency
Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not … Read more
The Iranian Government Is Preparing to Launch Its Own Cryptocurrency
The government of Iran is preparing to launch its own cryptocurrency, according to state-controlled media reports. The intended purpose of the new Iranian govcoin is to help the country skirt the international financial sanctions meant to cut its access to the global economy. Also Read: The Daily: Skrill Launches Crypto Trade, Luxury Market Reaches $100M … Read more
