Government of Iran Bans Foreign Fiat Currency Exchanges

It appears that the Iranian people are losing trust in the rial as it continues to depreciate in value. In response, the government of Iran is trying to prevent them from getting their hands on foreign currency, providing another example of the need for bitcoin. We should expect to see a growth in local bitcoin … Read more

Iranian Banker Calls for Cryptocurrency Acceptance

An official at Iran’s biggest bank called for bankers to use digital currencies themselves and design a domestic digital currency.  Also Read: Iranian Bitcoin Adoption Surges Amid Political Protests and Censorship Digital Currencies Shaping the Future of Banking Masoud Khatouni, the deputy for information technology and communications network at Bank Melli Iran (BMI), has come out … Read more