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MK

$2.5 Billion Sent Out of Iran to Purchase Cryptocurrencies

msk in Markets & Trading

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msk    + 42

MK

Over $2.5 billion has been sent out of Iran to purchase cryptocurrencies since Trump's decision to withdraw from the Iran Deal as the rial continues to fall....

What's more is that as cryptos reach a higher level of adoption, not only will Iranians be able to access global services more easily and hedge against the plummeting rial, the government could potentially use them to circumvent sanctions. 

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TomTom    + 183

TomTom

Oil coin is not such a bad idea after all... I'd trust an Iranian oil coin more than 'el Petro'

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