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's Foreign Minister Hossein Amir-Abdollahian speaks during a joint press conference with his Russian counterpart at the Foreign Ministry headquarters, Tehran, Iran, June 23, 2022.
Iran's Foreign Minister Hossein Amir-Abdollahian speaks during a joint press conference with his Russian counterpart at the Foreign Ministry headquarters, Tehran, Iran, June 23, 2022. - Atta Kenare/AFP via Getty Images
Al Monitor: The Pulse of the Middle East
Al-Monitor Staff

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. 

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