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Vladar49
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Iran to Use its Cryptocurrency in Trades with Europe, UK, Russia and South Africa

Fri Feb 01, 2019 10:34 pm

The head of Iran’s Trade Promotion Organization (ITPO) has said that the country is in talks with senior representatives from 8 nations to begin transactions with its ‘IranCoin’ - the newly created State-backed digital currency, Crypto-Rial, according to Tehran Times, a local news outlet.

Iran is now the second nation after Venezuela to establish its own digital currency to circumvent US economic sanctions. Iranian authorities began negotiations with 8 other nations to present its new innovation as an option to U.S. dollar.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/iran-use-cryptocurrency/

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