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

    Hyperliquid faces selling pressure due to 314 million dollar unlock this Saturday

    November 24, 20252 Mins Read

    Enlivex raises $212 million for treasury strategy with prediction markets token

    November 24, 20253 Mins Read

    China reclaims 14% of global Bitcoin mining despite official ban

    November 24, 20252 Mins Read

    Revolut hits 75 billion dollar valuation after secondary share sale

    November 24, 20252 Mins Read

    NYSE approves launch of Grayscale ETFs for Dogecoin and XRP this Monday

    November 24, 20253 Mins Read

    Solana and XRP ETFs Accumulate 900 Million Defying Current Bearish Trend

    November 21, 20252 Mins Read

    Subscribe to Updates

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

    © 2025 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.