Crypto Globe | Francisco Memoria:The Islamic Republic of Iran has reportedly launched a gold-backed cryptocurrency called PayMon the Persian word for covenant in cooperation with four local banks and the Ghoghnoos Company, in a move made following international sanctions. According to the Financial Tribune, the country has launched the gold-backed ...

Financial Tribune - An Iranian gold-backed digital currency created on blockchain platform was unveiled by Ghoghnoos Company in a ceremony attended by CEOs of banks and judiciary officials. The cryptocurrency is the outcome of collaboration between Ghoghnoos Company and four banks, namely, Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian ...