Iran allows businesses to use cryptocurrencies for international settlements

time:2022-01-11 01:00 source:Internet

Iran’s Central Bank and the Ministry of Industry, Mines and Trade have reached an agreement to link the CBI crypto platform with an integrated trade system, allowing businesses to use cryptocurrencies to settle payments to foreign partners, the head of Iran’s Trade Promotion Organization said on Jan. 11. . The mechanism by which the system will operate is currently being finalized, with no further details.

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