Iran Backpedals on Bitcoin, Plans its Own State Cryptocurrency

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

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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