Tag: Iran

Iran’s currency, the rial (IRR), has been losing value quickly as the country struggles with economic problems. To slow down this decline, the Central Bank of Iran (CBI) recently banned rial payments on all cryptocurrency exchanges. This move has left over 10 million Iranians unable to buy digital currencies like ...

Starting June 21, Iran's Central Bank Digital Currency (CBDC), the digital rial, will be accessible to banking customers and tourists on Kish Island for domestic micropayments. Kish Island, Iran's second-largest island in the Persian Gulf, will serve as the initial location for this significant development in Iran's digital currency initiative. ...