Published 2 years ago

Iran makes first import order using cryptocurrency

Summary by Ground News

Trade minister Alireza Peyman Pak revealed the transaction with the tweet below. It is unclear what Peman Pak referred to with his mention of widespread use of crypto for foreign trade. But the intent of the announcement appears clear: Iran will use cryptocurrency to settle cross-border trades.

0 Articles

All

Left

Center

Right

Reuters

Iran makes first import order using cryptocurrency

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy.

2 years ago·United Kingdom

Read Full Article

The Star Kuala Lumpur

Iran makes first import order using cryptocurrency

DUBAI (Reuters) -Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy.

2 years ago·Malaysia

Read Full Article

Channel News Asia

Iran makes first import order using cryptocurrency

DUBAI : Iran has registered its first official order for importing $10 million worth of goods in cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday quoting an official from the Ministry of Industry, Mine and Trade."This week, the first official import order registration worth 10

2 years ago·Singapore

Read Full Article

Financial Post

Iran makes first import order using cryptocurrency – report

DUBAI -- Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. Read More

2 years ago·Canada

Read Full Article