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Cryptocurrency mining is officially legal in Iran. Iran Says “Yes” to Extracting New Coins The country, which has had a relatively shaky history with digital currency in the past, recently...
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Iran is turning more and more to bitcoin as the United States continues to impose economy-weakening sanctions on the nation’s operations. How Iran Is Looking to Fix Its Financial Mess...
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Republicans in Congress are working on a new bill that will introduce new sanctions against the nation of Iran. The bill is designed to put “maximum financial pressure” on Iran...
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The U.S. Treasury Department has sanctioned two Bitcoin addresses used to funnel funds derived from ransomware to Iran. The ongoing sanctions by the United States against Iran is putting a...
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Central bank-issued digital currencies have somewhat become a widely discussed topic, as more and more countries begin exploring them. However, according to a board member of the European Central Bank,...
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The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, recently expressed her positive views on the creation of virtual currencies issued by central banks. As more and more government...
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Reeling under fresh sanctions imposed by the United States, Iran is in the process of developing its national cryptocurrency to avoid the economic impact. Rial Backed Cryptocurrency The Central Bank...
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When countries issue their own currency, no real problems arise. If that currency is designed to bypass sanctions and trading embargoes, the situation is very different. Iran is trying to...
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Bypassing economic sanctions is a difficult task. Various countries are exploring different methods in this regard. It appears Venezuela, Iran, and North Korea show a keen interest in using cryptocurrencies....