Iran Backpedals on Bitcoin, Plans its Own State Cryptocurrency


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Contrary to reports of the Iranian government preparing the ‘infrastructure’ for bitcoin usage in the country, Iran’s central bank has refuted claims of recognizing bitcoin as a legal currency. In November, Iran’s minister of Information and Communications Technology (ICT) revealed the ministry was preparing to embrace bitcoin as a solution to bypass economic sanctions that

The post Iran Backpedals on Bitcoin, Plans its Own State Cryptocurrency appeared first on CCN

Posted by Samburaj Das on February 22, 2018 @ https://www.ccn.com/iran-backpedals-bitcoin-plans-state-cryptocurrency/

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