Latest News for: Iran crypto currency


Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months

Bitcoin 26 Jun 2022
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial ... Quoted by the English-language Iran Front Page news portal, the top executive emphasized that Iran’s digital currency will be different from the decentralized global cryptocurrencies.

Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says

Bitcoin 20 Apr 2022
The IMF experts believe that countries like the Russian Federation and the Islamic Republic of Iran could use crypto mining to circumvent sanctions ... Officials in Moscow have been turning attention to crypto assets as a tool to restore Russia’s access to global markets, ...

Iran Launches Its CBDC ‘Crypto-Rial’ To Compete With USDT, USDC

FX Empire 13 Apr 2022
Iran’s Central Bank Digital Currency has been named as ‘Crypto-Rial.’ The country intends on improving financial inclusion and competing with global stablecoins ... Now this list is the country of Iran, whose CBDC ‘Crypto-Rial’ will be playing a huge role in shifting the country’s financial canvas. Iran’s Crypto-Rial.

Iran shuns crypto payment and prepares to launch crypto rial

Cryptopolitan 12 Apr 2022
Iran makes preparations to launch its digital currency, crypto rial.Bitcoin and Altcoins are no longer regarded as legal currencies in the Islamic nation ... Iran picks crypto rial over Bitcoin for payments. The Islamic Republic of Iran will no longer regard cryptocurrencies like Bitcoin as legal currency.

Iran plans to launch its own CBDC

Invezz 12 Apr 2022
The Central Bank of Iran (CBI) has said that it issued a notification to domestic banks and credit facilities about the regulatory framework for Iran’s central bank digital currency dubbed crypto-rial ... The crypto-rials will be minted by the Central Bank of Iran, and the institution will decide the maximum supply of the currency.

Russia May Use Cryptocurrency To Try And Evade Sanctions—But Here's Why It Will Be Hard

Forbes 28 Feb 2022
"Prolific" nation-state crypto-users North Korea and Iran have amassed an estimated $2 billion in digital currency to help fund a missile program and evade sanctions ... .

Nunchuk tells court it will ‘be there to serve’ when the Canadian dollar ‘becomes worthless’

Cryptoslate 23 Feb 2022
Freedom Convoy and crypto ... El Salvador is looking to adopt bitcoin as its main currency, while other countries like China and Iran have outright bans on all crypto activity.�Meanwhile, some governments are getting ready to, or have already begun work on, regulating cryptocurrencies.

Italy reports 75 coronavirus deaths and 16,632 new cases

FX Empire 04 Dec 2021
MILAN (Reuters) – Italy reported 75 coronavirus-related deaths on Saturday against 74 the day before, the health ministry said, while the daily tally of new infections fell to 16,632 from 17,030 ... Crypto Trading Beginner’s Guide ... Iran currency falls as nuclear talks seem to hit roadblock. Iran walks back all prior concessions in nuclear proposals -U.S.

Readers Speak: As US crumbles, list of whom to blame grows

Hartford Courant 04 Dec 2021
As US crumbles, list of whom to blame grows. I can’t take it anymore. Looting, carnage, border violations, statue removal, disrespect for the law, guilty until proven innocent, Russia threatening Ukraine. China, Taiwan, North Korea and Iran making nuclear threats; inflation, crypto currencies and toilet paper. Every day is Jan. 6 ... Advertisement ... .

Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law

Bitcoin 19 Oct 2021
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media ... Iran Preps Pilot for Sovereign Digital Currency ... Do you think Iran will eventually issue its own digital currency? Share your expectations in the comments section below.

The Plot Against Crypto

Decrypt 07 Aug 2021
The proposed amendment was seen by many as a common sense solution since complying with the tax obligations would create an onerous or even impossible task for many crypto businesses ... Crypto threatens one of the two biggest levers of state power ... to have the dominant world currency than tyrannical states like China, Iran, or Russia.

Bitcoin price dips below support level amid growing trading volume

Invezz 05 Jul 2021
Against the norm of price slump on weekends and bullish gains on weekdays, Bitcoin is trading at a loss of 4.84% to $33,696.19 ... While China has maintained its stance thus far by banning all crypto related activities, countries like Iran are now exploring avenues to regulate the digital currency space after much hassle to trail China with bans ... ....

Iran blames crypto mining for ‘critical electricity situation’

Press TV 04 Jul 2021
Head of Iran’s state electricity company ... Mohammad Hassan Motavallzizadeh said on Sunday that Iran has been facing a “critical electricity situation” mainly because more people had become active in mining crypto currencies through devices smuggled into Iran in recent months.

New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange

Bitcoin 03 Jul 2021
The Central Bank of Iran (CBI) is to take charge of crypto market oversight within three months of the bill’s adoption ... The lack of comprehensive regulations and various restrictions have impeded the development of Iran’s crypto industry in the past few months.

Crackdown on Cryptocurrency Mining Makes Top 50 Coins Trade in Red

Coin Idol 28 Jun 2021
Several cryptocurrencies plunged to 2-week lows amid a growing digital currency crackdown in several countries including China and Iran ... The ongoing crackdown on cryptocurrency mining and trading activities in China and Iran has caused the global crypto market capitalization to ...

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