Iranian Banker: Bitcoin is Changing Banking; Calls for Adoption
The chief executive of Iran’s Tejrat Bank has stated that the emergence of bitcoin and innovations like blockchain technology will have an impact on the way in which banks operate in the country. The executive has also called for laying the groundwork to embrace and welcome bitcoin and Fintech innovations in Iran. Mohammad Ibrahim Moqaddam was speaking at an expert panel regarding digital currencies when making the remarks, according to a report by regional publication Banker.ir. The panel was attended by a number of senior bank executives and industry experts in the country. Here, the....
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Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations.
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