Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » The representative of Iran: cryptocurrency will help get rid of the US dollar

    The representative of Iran: cryptocurrency will help get rid of the US dollar

    0
    By BlockchainJournal on October 31, 2018 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The head of the Iranian Civil Defense Organization, Golamreza Jalali, said that cryptocurrency can provide the country with great opportunities at the international level. Reports about it Mehr news agency .

    “Cryptocurrencies can help circumvent certain sanctions through untraceable banking operations,” he said.

    However, he noted that cryptocurrencies are a double-edged sword, because "they violate the financial and monetary systems of each country." Golamreza Jalali also stressed the importance of creating a national digital currency that could be used if necessary.

    Note that in August the Iranian cyberspace center announced the completion of work on the national cryptocurrency bill.

    Commenting on the SWIFT system, the general added that Iran intends to reduce its dependence on the US dollar and replace it with another currency.

    Recall that in May it became known that Iran and Russia will create an alternative to SWIFT based on cryptocurrency.

    In October, representatives of the Financial Crimes Enforcement Network (FinCEN) said that with the help of cryptocurrency, the Iranian government is endangering the global financial system.

    Subscribe to the BlockchainJournal channel on YouTube !

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    Featured Network Work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    Web3 shifts from memecoins to RWA

    January 16, 20263 Mins Read

    Jefferies strategist cuts 10% Bitcoin investment to zero due to quantum computing risk

    January 16, 20263 Mins Read

    Two Prime assumes the institutional management of 250 million dollars in Bitcoins for Digital Wealth Partners

    January 16, 20263 Mins Read

    Bank of America warns of $6 trillion risk to US bank deposits from stablecoins

    January 16, 20263 Mins Read

    Nexo to pay $500,000 fine in California for issuing risky crypto-backed loans recently

    January 16, 20263 Mins Read

    Nearly $3 Billion in Bitcoin and Ethereum Options Expire as Markets Test Breakout Conviction

    January 16, 20263 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.