CBI bans use of cryptocurrencies

The Central Bank of Iran (CBI) officially banned the use of cryptocurrencies, such as bitcoin, in financial transactions. The act is to prevent crimes such as money laundering and terrorism, the Public Relations Department of CBI announced.

Check Also

Iran ramps up anti-West rhetoric, expands influence in Iraq and Lebanon – analysis

Iran is strengthening ties with allies in Iraq and Lebanon while accusing the US and …