Iran Considers Using Cryptocurrencies to Evade US Sanctions

Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon. The Iranian MP also believes that digital money can help with overcoming the hegemony of the US dollar.   

Also read: PBoC: Bitcoin Trading in Chinese Currency Drops Below 1% of World Total

Teheran Mulls Evading US Sanctions with Crypto Mohammad Reza Pour-Ebrahimi

Cryptocurrencies are one of...

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