Iran Completes Pre-Pilot Phase for Digital Rial
Iran's Central Bank is making progress with its plans to launch a digital version of the national currency, the rial. The Central Bank of Iran (CBI) recently completed the pre-pilot…
Iran's Central Bank is making progress with its plans to launch a digital version of the national currency, the rial. The Central Bank of Iran (CBI) recently completed the pre-pilot…
According to recent reports, the Central Bank of Iran and the government of Russia are working together to produce a new cryptocurrency that would be backed jointly by gold. In…
Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions, according to Reuters. Reportedly, approximately $7.8 billion has flowed between Nobitex,…
Ziya Sadr, an Iranian Bitcoin advocate, has been arrested by Iranian security forces. Multiple sources disclosed the matter, which was reported on Sunday. According to sources, the arrest occurred on…
The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies. According to the State-backed TASS News Agency,…
Russian Prime Minister Mikhail Mishustin has hinted at the need to incorporate digital assets into the country’s economy as a way to ensure sustainable payment for goods and services in…
Iran has made the world's first-ever importation of goods using crypto, according to Alireza Peyman-Pak, the Vice Minister of Industry, Mine & Trade. Peyman-Pak tweeted: “This week, the first official…
Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to purchase and sell digital tokens, the New York Times…
A recent report from Reuters is yet again indicting Binance, the world’s largest cryptocurrency trading platform. The report said the exchange permitted Iranian users to trade on its platform after…
Iranian authorities are tightening their grip on illegal crypto mining in the country in response to the failing power challenges that the nation is facing. As reported by the Tehran…