Arrangement for Bitcoin from the Iranian Government

Positive news for Bitcoin users; Iran government plans to implement new infrastructure for Bitcoin users.

Tensions Between Iran and USA

Bitcoin With the start of with the countries in the west and the tension between Iran and US, Iran‘s systemBitcoin He is known to have developed a strategy to involve >. Donald Trump The relationship with Iran and the United States is currently in trouble, as he described the deal with Iran as “the worst deal ever.” still suffers from international sanctions affecting many of the economic sectors, including. International sanctions also prevent Iranian citizens from using online payment platforms such as PayPal, Venmo and Braintree.

Iran government recommends using Bitcoin as main form of online payment to avoid sanction. One of the advantages of Bitcoin is that it is a currency that cannot be controlled by a central identity such as a company or government.. Therefore, it is not possible for countries to prevent payments.

Bitcoin allows an Iranian citizen to trade internationally, easily bypassing economic sanctions.

Bitcoin Infrastructure for Iran

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The adoption of Bitcoin in the Iranian economy is a major turning point for Cryptocurrencies. This means that the government can now open its doors for progress in payments and currencies.

According to reports, the Iranian government has already researched Bitcoin and its possible benefits for the economy.

Iran’s deputy minister of information and communication technologiesAmir Hossein Davaee said:

“The ministry of communications and information technology, Bitcoin in the country He has already conducted a number of research studies as part of his efforts to prepare the infrastructure for using strong>.”

Moreover, Davaee, added that Bitcoin activities involve money creation, so The Central Bank of Iran needs to set ground rules and oversee related activities. Otherwise, the economic cycle may be disrupted.. Iran is now on the verge of creating a viable infrastructure not only for Bitcoin, but also for other cryptocurrencies.

Once this project is complete, it will be properly integrated and organized. Experts believe that Bitcoin and other digital currencies will greatly contribute to keeping Iran’s economy on track after the Iran economy has suffered greatly from the sanctions.

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