Iran

Iran Begins Piloting Its CBDC “Crypto-Rial”

The Central Bank of Iran (CBI) will start piloting the use of the “crypto-rial” — its central bank digital currency this week, according to an announcemeent on the Iran Chamber of Commerce’s website. The announcement further states that one of

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Iran’s Central Bank: Cryptocurrency Ban May Be Lifted In September

A national draft project is aiming at introducing a state-backed digital currency. Iran’s Central Bank deputy for innovative technologies, Nasser Hakimi, advances the regulatory apparatus should be finalized within one month. Ban crypto or create crypto? A previous post already

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Iran: Cryptocurrencies Could Be A Way To Circumvent U.S. Sanctions

A High Representative of the Iranian government has once again expressed how cryptocurrency could play a vital and major role for the country’s economy. It gradually seems that Iran is at all costs seeking an alternative to the current and

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Fintech in Iran: An Overview

Fintech is gaining steam in Iran as the country’s central bank, financial institutions and government agencies are taking steps to make Tehran a regional hub for financial innovation. This comes as part of the Iran Vision 2025, which seeks to turn Iran

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