Iran’s Indigenous Cryptocurrency Is Designed To Beat Trump’s Sanctions

Iran’s Indigenous Cryptocurrency Is Designed To Beat Trump’s Sanctions
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-8-30 23:00

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.

Since then, The Central Bank of Iran have revealed plans for an ‘indigenous cryptocurrency’, one that has been designed to be backed by Iranian Rials, the Iranian FIAT currency.

The currency will be fully integrated with the blockchain and will take a similar format to Bitcoin.

Continue reading Iran’s Indigenous Cryptocurrency Is Designed To Beat Trump’s Sanctions at Crypto Daily™.

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