Iran Greenlights Bitcoin, Crypto Payments For Imports: Report

Iran Greenlights Bitcoin, Crypto Payments For Imports: Report

Iran reportedly passed a law enabling the use of bitcoin as payment for imports and establishing a framework for the asset class, including mining regulations.Iran has passed legislation establishing a legal framework for bitcoin and other cryptocurrencies.Under the new law, cryptocurrency can be used as payment for imports to the country by government and local businesses. The law also addresses fuel supply and electrical consumption for bitcoin mining. Iran passed an act which enables the use of Bitcoin and cryptocurrency payments for imports through a comprehensive legal framework, per....


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