Category: Iranians

Over 500 BTC Belonging to Iranians Seized by US Government: Report

Over 500 BTC Belonging to Iranians Seized by US Government: ReportAccording to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan Confirms […]

The post Over 500 BTC Belonging to Iranians Seized by US Government: Report appeared first on Bitcoin News.

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Iran Considers Using Cryptocurrencies to Evade US Sanctions

Iran Considers Using Cryptocurrencies to Evade US SanctionsIran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon. The Iranian MP also believes that digital money can help with overcoming the hegemony of the US dollar.    Also read: PBoC: Bitcoin Trading […]

The post Iran Considers Using Cryptocurrencies to Evade US Sanctions appeared first on Bitcoin News.

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