Not bad for a country adopting blockchain technology. But it would've been better if the Iranian government will back bitcoin too and legally accept it as a currency.
Are we expecting more CBDCs from many countries and faster than countries considering bitcoin as a legal tender? Many countries already have plans to launch their own CBDCs. Somehow I am expecting two to three more countries in a year or two to follow El Salvador and the Central African Republic in legalizing bitcoin as a currency.
Topic: Iranian launching Crypto Rial - page 2. (Read 270 times)
Iran is planning to aunch Crypto Rial for across boarder transaction
The plan is already half a decade old, it is ready for live test now.Iran is trying the other option for their currency and this one might be their way to avoid sanctions from other countries especially with US.
Wrong. That is not how you evade sanctions. The actual way is to stop using US dollar and trade with everyone else that is not US or its colonies. 
Is the type that will be launched by Iran different from the CBDC? this means iran prefers to create stablecoins for their country's currency rather than CBDC. like that?
If you think about it, it really isn't that any different. CBDCs are centralized, and at the same time most stablecoins are centralized as well anyway. Even stablecoins can be frozen even if you're using a non-custodial wallet. https://bitcointalksearch.org/topic/updated-psa-most-stablecoins-can-be-frozen-even-in-your-own-wallets-5204055
Is the type that will be launched by Iran different from the CBDC? this means iran prefers to create stablecoins for their country's currency rather than CBDC. like that?
This is a crypto version of CBDC with the same functionality. But they seem to be trying to reach the mainstream of the future rather than other countries' CBDCs, another news mentions that their currency will use blockchain as the network basis.
And after all this is a type of crypto that may not be valid in certain countries due to a full ban. Calling it "cross-border payments" is a bit of a misnomer.
Is the type that will be launched by Iran different from the CBDC? this means iran prefers to create stablecoins for their country's currency rather than CBDC. like that?
This is refreshing news in my opinion. because I recently also read news related to Iran which has officially approved the use of crypto in import transactions. looks like middle eastern countries are really open with cryptocurrencies. if you want to read the full news regarding iran which agrees on the use of crypto. here is the link. ( Iran Officially Approves Use Of Crypto For Imports).
And not just in the middle east. it turns out that Russia has also approved the use of crypto for cross-border payments. I just read it. slowly more and more countries will be very open and supportive of crypto. because gradually everyone will realize the importance of being able to make cross-border payments. if you want to read it too. here is the link. (Cointelegraph)
This is refreshing news in my opinion. because I recently also read news related to Iran which has officially approved the use of crypto in import transactions. looks like middle eastern countries are really open with cryptocurrencies. if you want to read the full news regarding iran which agrees on the use of crypto. here is the link. ( Iran Officially Approves Use Of Crypto For Imports).
And not just in the middle east. it turns out that Russia has also approved the use of crypto for cross-border payments. I just read it. slowly more and more countries will be very open and supportive of crypto. because gradually everyone will realize the importance of being able to make cross-border payments. if you want to read it too. here is the link. (Cointelegraph)
Iran is trying the other option for their currency and this one might be their way to avoid sanctions from other countries especially with US. This can be good for their own people but in general, this might not affect that much especially it is a centralized crypto where the government have a full control of it. This is still a good news though, you just need to have more research though before adopting, just to be sure that your money can be safe.
For a country to stay against the sanctions, it is a good choice. The usage is limited and it serves to be something as the digital form of banking. For the government it will be really good, because everything can be kept in their control. Even with fiat this isn't possible. A positive approach for a cause. Lets see what change crypto Rial making within the country. 
That will be nice. That is cryptocurrency mostly bitcoin is gaining ground in the space.
but we arent that dumb on not to make out those obvious differentiation in between decentralized and centralized stuffs.Come to think about that Digital Yuan which does China have.
It would really serve on the same purpose on what they had created that digital Rial and it cant really be considered to be a crypto frankly speaking.
Not surprising on this kind of act though but rather a typical one.
Iran is trying the other option for their currency and this one might be their way to avoid sanctions from other countries especially with US. This can be good for their own people but in general, this might not affect that much especially it is a centralized crypto where the government have a full control of it. This is still a good news though, you just need to have more research though before adopting, just to be sure that your money can be safe.
Iran is planning to aunch Crypto Rial for across boarder transaction
The central bank of Iran sponsor a bill that, they are to launch crypto rial pilot in the country to test run their economy. But they are using stablecoin.
The Central Bank of Iran
That will be nice. That is cryptocurrency mostly bitcoin is gaining ground in the space.
The central bank of Iran sponsor a bill that, they are to launch crypto rial pilot in the country to test run their economy. But they are using stablecoin.
The Central Bank of Iran
That will be nice. That is cryptocurrency mostly bitcoin is gaining ground in the space.
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