Iran to launch CBDC on Sept. 22
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
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The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
Christian Nwobodo 2 min read
Iran will allow any local business that imports goods to pay for their transactions via cryptocurrency in lieu of the dollar or euro.
Iran is finalizing plans to allow a large-scale adoption of cryptocurrencies for international settlement.
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The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report…