Central Bank of Iran introduced Payman cryptocurrency

Central Bank of Iran introduced Payman cryptocurrency

After a year of speculation and news about various improvements, Iran has finally introduced Payman digital currency.



State-supported cryptocurrency will be used to circumvent sanctions from the United States. Currently, the country"s financial system is isolated from SWIFT, which makes import and export almost impossible.



The launch of the state cryptocurrency was announced on January 29 during the annual conference on electronic banking and payment systems in Tehran. The theme of the conference this year was the “Blockchain revolution”.



Iran quickly discovered the power of the blockchain and digital currencies, after losing contact with SWIFT and became subject to US sanctions, which led to this bold economic step. The dir ...
Read more about "Central Bank of Iran introduced Payman cryptocurrency" on coinatory.com

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