Iran Reveals National Cryptocurrency Features as U.S. Sanctions Sting

Iran Reveals National Cryptocurrency Features as U.S. Sanctions Sting

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The Republic of Iran has revealed the details of its national cryptocurrency in response to the United States-led economic sanctions. According to Informatics Services Corporations (ISC), a central bank-affiliated body, Iran’s future cryptocurrency is backed by Rial and is developed on the Linux Foundation-led open-source Hyperledger Fabric technology. In contrast to decentralized cryptocurrencies such as Bitcoin that are issued

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