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RE: Daily Crypto Markets Live Blog: Iran Allow Use Of Crypto Imports and Sanctions (08/30/22)

Iran is going to allow crypto to allow the avoidance of sanctions.

We are seeing the lines being drawn. Power is going to be disrupted because of this.

https://www.theblock.co/post/166374/iran-allows-use-of-crypto-for-imports-amid-sanctions?utm_source=cryptopanic&utm_medium=rss

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Another good news. Seems they are starting to see how useful cryptocurrencies are in business transactions.

The first import order using crypto took place earlier this month, Peymanpak told Tasnim. The transaction totaled $10 million.

This is just the beginning. There will be more for sure.

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I don't know why I feel happy about this news.

US lawmakers have raised the alarm over crypto as a sanctions-evasion tool . . .

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 3 years ago  Reveal Comment

I like that even lawmakers recognize that kind of power crypto has.