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Surprising Bitcoin (BTC) Move from Iran!

Iran, which had a negative approach to the popular cryptocurrency sector, changed its mind. The Iranian cryptocurrency leader noted that

Surprising Bitcoin (BTC) Move from Iran!
Yazar: James Gordon

Yayınlanma: 1 Eylül 2022 01:31

Güncellenme: 1 Mayıs 2024 09:31

Surprising Bitcoin (BTC) Move from Iran!

Iran, which had a negative approach to the popular cryptocurrency sector, changed its mind. The Iranian cryptocurrency leader noted that they made a critical decision about Bitcoin (BTC).

The Iranian government, which announced that these transactions were banned within the country due to the electricity consumed by cryptocurrency mining, caused many miners to leave Iran. Iran, which needs cryptocurrencies due to the economic embargo imposed by the US, announced that they will now allow the use of crypto assets such as Bitcoin (BTC) as currency in imports. Iranian Trade Minister Seyed Reza Fatemi Amin aims to break the US embargo with the Bitcoin decision. According to the Iranian local news agency Tasnim, the agreement between the Ministry of Industry and the Central Bank of Iran will now allow cryptocurrencies to be actively used in imports. Iran, blacklisted by the US due to its nuclear programs, will try to overcome the embargoes with cryptocurrencies. The Iranian government, which is expected to understand the importance of blockchain technology and cryptocurrency payments more clearly in the coming period, may also allow the operations of cryptocurrency miners again. While Russia seems to have gotten rid of the sanctions imposed with cryptocurrencies, Iran has been using digital assets for a long time. Crypto assets, which are integrated into life, are no longer prohibited in some countries. The investment information, comments and recommendations in this article are not investment advice. Investment advisory services are provided individually, taking into account the risk and return preferences of individuals. The content contained herein is in no way directive and the recommendations are general in nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!
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