Search Results for "iran"
Iran Completes Pre-Pilot Phase for Digital Rial
Iran's central bank has completed a pre-pilot phase for its digital rial, according to an official statement by the Monetary and Banking Research Institute. The CBDC will align with the rules governing the national currency, the Iranian rial, and be distributed among individuals and banks. Ten banks have applied to join the project, and all banks and credit institutions in Iran are expected to start offering electronic wallets for the digital currency.
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
The US Treasury Department is investigating Kraken on suspicion that the crypto exchange allowed Iranian users to use its trading platform despite federal sanctions on the middle eastern country.
Four Years Down the Line, Iran's Pilot National CBDC is Ready
The Central Bank of Iran (CBI) is taking its favour for digital innovation to a new level with the possibility of introducing its Central Bank Digital Currency (CBDC) within a short time.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
Why Energy Experts are Watching the Crypto Market Closely
Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.
Binance Faces Lawsuit Over Alleged Support for Hamas in Israel Attack
Three families of victims from the Hamas attack on Israel have filed a lawsuit against Binance, its former CEO Changpeng Zhao, Iran, and Syria, alleging their support for terrorism. The suit claims these parties provided substantial assistance to Hamas, spotlighting the challenges of regulating cryptocurrency in combating terrorism financing.
Iran Joins BRICS to Reduce Reliance on Western Economic Systems
Iran joins BRICS, aiming to mitigate US sanctions and challenge Western economic dominance, amidst mixed reactions and uncertain benefits.
Iran to Allow Digital Currency Payments for International Trade
Iran is notably about to double down on its love for digital currencies as a local media platform, Mehr News reports the country is on track to accept cryptocurrencies for international transactions.
Iranian Bitcoin Advocate Arrested by Local Security Forces
Sadr’s arrest came as a result of nationwide protests that were triggered by the death in custody of a young woman.
Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments
The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies.
Iran Transacts World's 1st International Import Order Worth $10M Using Crypto
Iran has made the first-ever importation of goods using crypto, according to Alireza Peyman-Pak, the Vice Minister of Industry, Mine & Trade.
Iranian President Advocates for Cryptocurrency-Driven Muslim Nations
During the first round-table discussion at the Kuala Lumpur Summit 2019, Hassan Rouhani, Iran’s President, suggested that cryptocurrency ought to be integrated into Muslim nations to enhance trade between the nations.
