Iran makes first import order using cryptocurrency

Iran makes first import order using cryptocurrency
# 09 August 2022 16:05 (UTC +04:00)

Iran has registered its first official order for importing $10 million worth of goods in cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, quoting an official from the Ministry of Industry, Mine and Trade, APA reports citing the National Post.

“This week, the first official import order registration worth 10 million dollars was completed using cryptocurrency. By the end of September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries,” Alireza Peymanpak said.

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THE OPERATION IS BEING PERFORMED