Bitcoin retook the $57,000 level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc.

last week, Iran announced placing its first official import order using cryptocurrencies, a move that would help the Islamic Republic get around U.S. sanctions easily. According to Head of Irans Trade Promotion Organization (TPO) Alireza Peyman-Pak, the order worth $10 million, has been placed for the imports of automobiles. This could be considered ...

Press TV - Irans finance minister has said that the country is to fully legalize cryptocurrencies as the government moves to introduce regulations that would allow people to mine and trade digital currencies within certain limits. Farhad Dejpassand said on Monday that a long-anticipated meeting in the Cabinet to discuss cryptocurrencies would be ...

IFP - A senior Iranian lawmaker says digital currencies are among the major mechanisms which the Islamic Republic can use to evade the US sanctions, and the Parliament will soon discuss the issue. Mohammad Reza Pour-Ebrahimi, the chairman of the Iranian Parliaments Economic Commission, said digital currencies can serve as an important way ...

Al-Monitor | Bijan Khajehpour: Post-sanctions integration in the international financial sector has been one of the main challenges in the Iranian economy since the implementation of theJoint Comprehensive Plan of Actionin January 2016.As such, one could anticipate that Iranian officials would welcome the emergence of cryptocurrencies as a platform ...

Press TV - The governor of the Central Bank of Iran has warned against investing in cryptocurrencies especially bitcoin which has seen a relentless rise in value in recent weeks. The Central Bank is giving people necessary warnings about buying and selling these currencies and, at the same time, it is trying to establish relative security in ...

Financial Tribune- Irans High Council of Cyberspace, one of the main entities deciding the fate of virtual currencies in Iran, has welcomed the idea of Bitcoin and other cryptocurrencies if they are harnessed by clearly-stated regulations. We [at the HCC] welcome Bitcoin, but we must have regulations for Bitcoin and any other digital currency. Studies ...