Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power
Read more
Iran Attempts To Nullify The Impact of Global Sanctions By Turning Focus On Crypto
In a strategic shift from its stance on digital currency, Iran has decided to regulate the crypto industry instead of restricting it. The decision was
Read more
Iranian Crypto Holdings Equal a Third of National Gold Market
Iranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini.
Read more
Iran Embraces Crypto Regulation to Counter Economic Sanctions
Iran is shifting its stance on digital currencies, focusing on regulation rather than imposing restrictions, according to Minister Abdolnaser Hemmati. Speaking at a Tehran event,
Read more
Iran’s Digital Rial Near Launch, Central Bank Signals Progress
Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration
Read more
Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory
Iran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S.
Read more