Iran and Russia Consider Using Cryptocurrency to Evade US Sanctions: Report


Iran and Russia could turn to cryptocurrency as a solution to evade Western financial sanctions and reduce their dependence on the US dollar. Iran has been struck by a monetary crisis in recent months after its fiat currency, the rial, plunged to historic lows against the US dollar leading up to US president Trump formally

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Posted by Samburaj Das on May 21, 2018 @ https://www.ccn.com/iran-and-russia-consider-using-cryptocurrency-to-evade-us-sanctions-report/

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