Iran Ready to Launch National Cryptocurrency; Central Bank Proposes Slashing Four Zeroes from Iranian Rial (IRR)

spunj

Administrator
Jan 24, 2019
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According to Al-Jazeera, Iran will be launching its national cryptocurrency before the end of January at the Electronic Banking and Payments Conference in Tehran. This cryptocurrency will be a stablecoin pegged to the Iranian Rial (IRR) and will be completely controlled by the Central Bank of Iran. This Iranian national cryptocurrency will first be used as an interbank token, and then eventually will be deployed for retail use across Iran.

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