Iran uses cryptocurrency for import order
After originally cracking down on cryptocurrencies, which have the potential to help evade sanctions, Iranian authorities later decided to authorize them for imports.
Iran has reportedly registered its first import order purchased via cryptocurrency.
The Iranian news outlet Tasnim reported today that the crypto amount is worth $10 million.
The outlet left out numerous details on the order, including what the order is for and from whom, plus which cryptocurrency was used.
Cryptocurrencies will be used widely in Iran for foreign trade, according to Tasnim, which is linked to Iran’s elite Islamic Revolutionary Guard Corps.