There has been several reports over the last few days from news agencies such as Tahlil Bazzar that Iranian Government are going to allow cryptocurrency such as Bitcoin BTC and Ethereum ETH to be used on international transactions which will be clear breach of sanctions placed on regime.
Alireza Peyman Pak who is head of Trade Promotion Organization of Iran says move to allow cryptocurrency for international transactions will provide new opportunities for importers and exports to use cryptocurrency has already been reached with Central Bank of Iran and everything should be confirmed in weeks. He also says that if Iran did'nt use cryptocurrency then it would lose out on trade with big markets such as India Russia China.
What Alireza Peyman Pak did not say was that as Rial is so weak and also trade is so restricted by sanction in Iran that entering the unregulated Cryptocurrency space will then allow Iranian regime to commit Illegal deals and money transfers with ease. they will be rubbing shoulders with Criminal!
Is this really image of Iran that Iranian government wants to project to rest of world???
No comments:
Post a Comment