Iran allows crypto payments for imports ...News

Russia Today - Economy
Iran allows crypto payments for imports
source : Russia Today ( News ) () 29
The move could help the country circumvent US sanctions Tehran has officially approved the use of cryptocurrency for imports instead of the US dollar and the euro, Minister of Industry, Mines and Trade Reza Fatemi Amin said on Monday. “All the issues related to crypto-assets, including how to provide fuel and energy, and how to assign and grant licenses were devised,” the minister announced. Earlier this month, the Islamic Republic made its first official import order using cryptocurrency, worth $10 million. It was a test run for allowing the country to trade through digital assets that bypass the US sanctions reg

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