Tag: Iran

Iran Is Being Targeted for Economic Independence, Not Terrorism

Iran Is Being Targeted for Economic Independence, Not Terrorism New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing […]

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its […]

Traders Are Now Banned From Using Localbitcoins Exchange in Iran

Traders Are Now Banned From Using Localbitcoins Exchange in Iran Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian […]

Lightning Network: Cool Enough for Twitter Jack and Fidelity But Not Iran

Lightning Network: Cool Enough for Twitter Jack and Fidelity But Not Iran On Feb. 22, bitcoiners rejoiced when the financial banking giant Fidelity was handed the ‘Lightning torch’ as the Lightning Network’s social experiment was passed on to its latest bearer. Then, two days later, the new Lightning torch holder […]

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U.S. economic sanctions. Mohammad-Reza Modoudi, the acting head of Iran’s Trade Promotion Organization […]

The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation

The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation In this edition of The Daily, Iran is reportedly preparing to announce its national cryptocurrency during a conference starting on Jan. 29. Also, a draft decree introducing legal definitions for terms related to cryptocurrencies has been […]

Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy

Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency […]