Iran is reportedly expected to announce its state-backed digital currency at the annual Electronic Banking and Payment Systems Conference which starts on January 29th. The move is an attempt to bypass US-imposed economic sanctions. Iran-Backed Cryptocurrency Iran first announced its intentions to launch a state-backed digital currency in the summer of 2018. The move was occasioned by the fact that the country was set to undergo renewed economic sanctions from the US. Since then. theRead MoreThe post Iran May Unveil State-Backed Cryptocurrency This Week appeared first on Bitcoinist.com.
