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OFAC sanctions entities behind Iran’s digital currency program

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) said in a press release that on Feb. 14 it imposed sanctions against a network of entities responsible ...
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ifmat - Iran to launch a pilot version of its CBDC towards end of August

Iran to launch a pilot version of its CBDC towards end of August

Iran is launching the pilot version of its central bank digital currency (CBDC)—the crypto rial. The governor of the Central Bank of Iran (CBI), Ali Salehabadi, has disclosed that ...
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ifmat - Government of Iran is using cypto startups as part of its blockchain embrace

Iranian government is using cypto startups as part of its blockchain embrace

Iran’s central bank is working with a pair of blockchain startups that are developing what could be the groundwork...
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ifmat - Iranian regime prepares cryptocurrency as US cuts SWIFT services

Iranian regime prepares cryptocurrency as U.S. cuts SWIFT services

Iran has now been cut off from the SWIFT financial messaging system, according to the US Treasury...
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ifmat - Untraceable Cryptocurrency can help Iran bypass sanctions

Untraceable Cryptocurrency can help Iran bypass sanctions

An Iranian general has strongly hinted that the country could soon turn to cryptocurrencies as...
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