2 / 3 Relevant items tagged with #Iran

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Iran Proposes to Link All BRICS Payment Systems

[Jul 9, 2024 2:20 PM] The spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran Nasser Kanani has proposed to link the payment systems of all the countries of the BRICS bloc, allowing for seamless settlements between these. Kanani stated that…

Iran Officially Unveils Central Bank Digital Currency Project

[Jun 24, 2024 8:40 PM] Iran officially unveiled its central bank digital currency (CBDC) on Sunday during a ceremony attended by Central Bank of Iran (CBI) Governor Mohammad Reza Farzin and chief executives of several major banks. This digital currency, issued…

SEC drops investigation into Ethereum: Law Decoded

[Jun 24, 2024 1:02 PM] A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.

Iran Launches Digital Rial Pilot on Kish Island

[Jun 20, 2024 10:07 PM] The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to…

Iran to launch public CBDC pilot in June

[Jun 19, 2024 4:57 AM] Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between buyers and sellers.

Bitcoin To $455,000: Expert Echoes Previous Halving Pattern

[Apr 18, 2024 9:00 AM] In the ever-evolving world of cryptocurrency, Marcel Knobloch also known as Collin Brown, a crypto expert has offered an audacious prediction for Bitcoin, foreseeing a significant rally to unprecedented heights post-BTC Halving event scheduled to…

Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

[Jun 19, 2023 11:30 PM] In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a…

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years

[May 10, 2023 3:30 PM] Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount…