Iran is entering a new era with the legal regulation it has published for international trade. Iran now allowed imports with Bitcoin.
Iran approves legal regulation for Bitcoin import
Today, many countries are turning to cryptocurrencies due to the insecurity in international currencies and their future plans. For this purpose, it can be used in import and export, crypto coins.
According to a report published by Iran Daily, the Central Bank of Iran approved legislation allowing the use of cryptocurrencies for imports. With this regulation, cryptocurrencies legally issued in Iran can be used to finance imports with other countries.
However, crypto money miners in Iran will supply the cryptocurrency to the Iranian Central Bank. In addition, the miners will follow the instructions issued by the country’s energy ministry. Iran, which has been in a very difficult situation due to the sanctions imposed by the USA recently, will seek the exit in cryptocurrencies such as Bitcoin. In a country like Iran, with the approval of the Central Bank, we can say that cryptocurrencies will be used for import, promising for the future of crypto coins.