❕NEWS - Permission to pay in cryptocurrency for imports from the Central Bank of Iran | BeerMoneyForum.com

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aryan4

Sapphire Member

Apr 27, 2021

The Iranian central bank has enacted a new resolution on payment in coins. According to the decision, the payment of the products to be imported was allowed in coins. It was announced that this permission was given to banks and other financial institutions.
What do you think about this decision of the Iranian central bank?

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Niftyicon

Sapphire Member

Apr 29, 2021

I guess that the Iranian government has become more forward thinking. All these with the government's permission would still bring in more revenue to the country.

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Wisdom01

Diamond Member

Apr 29, 2021

The iranian government have done a great job ,and if they could accept import payments of goods through crypto currency ,is still very much better

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Josemendez

Ruby Member

Apr 29, 2021

I believe they did the right thing by seeking for permission to use crypto. This will then give them the privilege and confidence to accept cryptocurrency.

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aryan4

Sapphire Member

Apr 30, 2021

Niftyicon said:
I guess that the Iranian government has become more forward thinking. All these with the government's permission would still bring in more revenue to the country.

They were prescient, I guess, but it definitely seems like a logical decision. It is one of the countries with an intense economic emborgo and they may have thought to reduce the impact of the emborgoes with this decision they made.