Iran

Iran

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Blockchain Startups Are Modernizing Iran's Financial Infrastructure

Sources in Iran say the country's financial sector is taking clear steps toward a state-backed token economy.

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Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

View of the Azadi Tower. Tehran, Iran.

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Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country.

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US Lawmakers Seek Sanctions Against Iran's Cryptocurrency Efforts

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

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Iranian Official Says Blockchain Could Deliver Economic Boost

An Iranian official has reportedly said that integrating blockchain could bring a tech-based boost to the country's economy.

View of the Azadi Tower. Tehran, Iran.

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Cheap Power Is Luring Battered Bitcoin Miners to Iran

Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.

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Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent

An Iranian bitcoin trader added to the U.S. Treasury's OFAC sanctions list last week claims he’s been wrongfully blacklisted.

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Get Ready for Crypto Sanctions Enforcement

Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.

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Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.

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Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions

Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with renewed U.S. sanctions.

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