2019-2-6 01:20 |
An Iranian digital currency has been talked about for at least the last year, though it was assumed it would be backed by the rial.
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Draft legislation designed to hamper Iran’s efforts to create a sovereign cryptocurrency has been introduced in the U. S. Congress. The Blocking Iran Illicit Finance Act bans U. S. citizens and companies from all transactions and dealings in Iranian digital currency.
2018-12-24 00:30 | |
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A bill in the House of Representatives calls to impose further sanctions on Iranian financial institutions and its national digital currency
2018-12-22 02:42 | |
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This is the first time digital currency addresses have been added to the Office of Foreign Assets Control’s list of sanctioned individuals.
2018-11-29 01:16 | |
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For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.
2018-11-29 21:41 | |
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The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country.
2018-10-15 15:35 | |
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Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an institution that develops banking and […]
2018-8-30 17:00 | |
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In response to a number of economic sanctions imposed on Iran by the United States, the country had announced that it would be considering the production of a native cryptocurrency, designed to help Iranian banks avoid the sanctions imposed by the Trump administration.
2018-8-30 23:00 | |
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No other jurisdiction has changed its stance on cryptocurrencies as quickly as Iran. From being excessively tough on digital coins and ordering banks not to deal with crypto related businesses in April, to creating the final drafts of its state-backed digital currency, the country has come a long way in the crypto world in a […] Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-29 14:20 | |
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While giving a statement about this latest initiative of Iranian cryptocurrency, Daliri also clarified that the central bank was working with “domestic knowledge-based companies” to develop the domestic digital currency.
2018-7-27 22:15 | |
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Economy & Regulation Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon.
2018-7-17 09:36 | |
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Several Iranians exclusively told CoinDesk they are having trouble accessing crypto exchanges like Binance, Blockchain and LocalBitcoins, even with virtual private networks (VPNs) and other workarounds that were already commonplace because of international sanctions.
2018-7-4 09:51 | |
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For those who think bitcoin’s value is performing poorly, then they may have not heard the news about Iran’s currency, the rial. The rial is faring a lot worse and is expected to lose at least 57 percent of its value by the end of 2018.
2018-6-30 18:55 | |
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Developers behind the privacy-focused crypto Decred have released details about the project's upcoming privacy rollout. The new features will include hiding user identities and jumbling customer transaction data together, making it harder to track specific coin movements.
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People's Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system.
Investors in messaging app Telegram's Gram token will reportedly receive the first batch of tokens starting October 31. Telegram has also informed investors that the Gram testnet will be made available a couple of weeks before the tokens are delivered.
Researchers at sharia advisory firm Amanie Advisors have published a white paper certifying that Ethereum’s native cryptocurrency, Ether, is sharia compliant because of its utility token classification.
Through a partnership with the HackerOne bug bounty platform, the Libra Association is inviting the public to report vulnerabilities in the Libra network code, offering a max reward of $10,000.
Though the issue has since been resolved, crypto payments firm BitPay blocked a $100,000 donation made in an unnamed cryptocurrency to charity Amazon Watch, which is working to stop the fires currently ravaging the Amazon rainforest.
Three unnamed members of the Libra Association, the group tasked with overseeing Facebook's Libra network, have considered leaving the group, citing disappointment related to crypto regulations and fears of backlash from publicly showing support for Libra.