Iran relaxes currency controls to promote crypto transactions
2026-09-09 15:23:18
According to CoinMeta, Iran allows companies to use Bitcoin and USDT for cross-border trade transactions, and the central bank is relaxing foreign exchange controls in order to cope with the restrictions imposed by U.S. sanctions on traditional banking channels. According to data from Elliptic, Iran accounts for about 4.5% of global Bitcoin mining activities. This policy adjustment is aimed at helping companies continue to operate in the face of difficulties in international payments and is expected to benefit Iranian exporters and importers.
Source:Coinpedia
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