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Iran Reportedly Accepting Crypto For International Trade

Joining the Cryto bandwagon of Countries utilizing crypto is Iran who is reportedly “looking to unlock opportunities for importers and exporters to use crypto in international deals.” according to a recent report by Cointelegraph  “All economic actors can use these cryptocurrencies. The trader takes the ruble, the rupee, the dollar, or the euro, which he can use to obtain cryptocurrencies like Bitcoin, which is a form of credit and can pass it on to the seller or importer. […] Since the cryptocurrency market is done on credit, our economic actors can easily use it and use it widely.” said Alireza Peyman-Pak, head of Iran’s Trade Promotion Organization. Who expects the system to be operational “within the next two weeks.”

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