Monday 23 April 2018

Iran bans banks from using cryptocurrencies

Iran bans banks from using cryptocurrencies:

"Iran banned the use of bitcoin and other cryptocurrencies by banks and financial institutions on Monday amid ongoing debate over how best to regulate the technology.
"The use of bitcoin and other cryptocurrencies in all the country's monetary and financial centres was banned," the central bank said in a statement overnight. 
It said the government's money-laundering committee had taken the decision in late December and it was now being put into effect. "



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