Iranian Banks Ban From Trading Cryptocurrencies


The Central Bank of Iran has announced that other banks in the country are banned from buying and selling bitcoin and other cryptocurrencies. The bank is trying to clamp down on illegal transactions. 

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What was the volume coming from this country? It seems not enough to have a significant influence on bitcoin's price. Still around $8,900. 

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They are just trying to keep their conventional money under control.Iran is currently dealing with  currency crisis trying to avoid further degradation of the rial. 

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