Latest News for: Iran crypto currency

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Iran introduces crypto payment platform for imports

Cryptopolitan 03 May 2023
Iran’s Trade Promotion Organization (TPO) supports crypto for imports ... While crypto trading may face certain limitations with countries like Iraq, Afghanistan, and Pakistan, digital currencies can aid Iran in export destinations that accept them, such as China, India, and Russia.
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Hegemony of the US dollar and finding an alternative

Hindustan Times 02 May 2023
However, there has been a debate asking for an alternative currency to US dollar ... Economist Gita Gopinath argues that the global trade is ‘heavily invoiced’ in dollars which makes it a dominant currency ... Similarly, Russia and Iran discussed for introducing crypto currency backed up by gold for bilateral trade.
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Russia and Iran Are Building a New Gold-Backed Cryptocurrency

LB News 21 Feb 2023
Iran and Russia are reportedly working together to establish a new gold-backed digital currency that will help each nation avoid sanctions imposed by the United States ... Russia and Iran Have Formed a Crypto Bond. Russia has allegedly reported that it wants to utilize the cryptocurrency to engage in bilateral trades with Iran.
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'Financial criminals love crypto' and other takeaways from a Senate hearing on cryptocurrency

The Citizens 15 Feb 2023
Brown said the industry has "imploded," with the crypto market losing nearly $1.5 trillion last year ... Roger Marshall and I are reintroducing our anti-money laundering bill to clamp down on crypto crime and give regulators the tools they need to stop the flow of crypto to drug traffickers in places like North Korea and Iran," Warren said.
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Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

Bitcoin 18 Jan 2023
In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted ... Russia and Iran, both under Western economic and financial sanctions, have been looking to crypto assets as a means to circumvent restrictions.
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We Could Soon Have a Gold Backed Stablecoin, Courtesy Russia and Iran

Coinnounce 16 Jan 2023
... crypto currency transactions in the year 2023 ... Status of Regulations for Crypto Currencies in Russia and Iran. Iran and Russia have passed laws preventing their citizens from utilizing crypto currencies such as Bitcoin (BTC) and other US Dollar stablecoins such as Tether (USDT).
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Western media’s anti-Iran reporting waives journalistic integrity to manufacture hate

Russia Today 05 Jan 2023
In the advent of news that Iran had abolished its morality police unit, responsible for the arrest of Mahsa Amini, another false story emerged from a number of little-known crypto-currency outlets online, claiming that Iran was set to freeze the bank account of women who weren’t wearing the appropriate Islamic covering.
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Bengaluru's hydro ganja bust: Trio from Hyderabad

The Times of India 03 Dec 2022
HYDERABAD ... "Payments were made using crypto currency and e-wallets. Other accused are from Iran, Bengaluru, Mumbai, Delhi, Kolkata, Tamil Nadu, Mizoram, Haryana, Rajasthan, UP," said an NCB official ... tnn ... .
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Crypto exchange Bittrex to pay $24M for violating sanctions

Federal News Radio 12 Oct 2022
It is the largest penalty ever levied against a crypto currency exchange by the Office of Foreign Assets Control, the agency said ... It is the largest penalty ever levied against a crypto currency exchange by the Office of Foreign Assets Control, the agency said.
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Protests galvanize Iranians abroad in hope, worry and unity

The Associated Press 12 Oct 2022
It is the largest penalty ever levied against a crypto currency exchange by the Office of Foreign Assets Control, the agency said. The Treasury Department said that Bittrex allowed customers in Cuba, Syria, Iran, Sudan and the disputed region of Crimea to trade approximately $263.5 million worth of digital currencies between 2014 and 2017.
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Crypto exchange Bittrex to pay USD 24 million for violating sanctions | Mint

Live Mint 12 Oct 2022
Crypto exchange Bittrex was fined USD 24 million by US authorities on Tuesday for helping clients evade US sanctions in places such as Syria, Iran and Crimea. It is the largest penalty ever levied against a crypto currency exchange by the Office of Foreign Assets Control, the agency said.
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Bittrex to pay $24 million fine for violating US sanctions

Business Line 12 Oct 2022
It is the largest penalty ever levied against a crypto currency exchange by the Office of Foreign ...
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Iranian Bitcoin advocate Ziya Sadr arrested by Iranian authorities

Inside Bitcoins 10 Oct 2022
Bitcoin advocate arrested in Iran ... Crypto regulations in Iran ... Crypto miners in Iran are subject to higher tariffs on electricity ... Iran approves the usage of crypto for importation Iran to legalize digital currencies for international trade Iran Used Crypto To Pay For $10 Million Worth Of Imported Goods.
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Iran Set To Launch Its CBDC, Crypto Rial

BitRSS 24 Sep 2022
The Central Bank of Iran is ready to launch its own Central Bank Digital Currency dubbed “Crypto Rial”. Central Bank Digital Currencies (CBDCs) represent the legal tender in the national unit, with the Central Bank fully responsible for its issuanc ... .
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Iran Begins Central Bank Digital Currency ‘Crypto Rial’ Pilot Today

Bitcoin 23 Sep 2022
The Central Bank of Iran (CBI) has reportedly begun a pilot for its central bank digital currency (CBDC), also known as “crypto rial.” Iran’s chamber of commerce explained that the ... Crypto rial refers to Iran’s central bank digital currency (CBDC).
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