‘Talks with 8 countries over using cryptocurrency in monetary transactions going on’

January 28, 2019 - 21:17

TEHRAN- “Starting a new chapter in its international monetary transactions to circumvent U.S.-led sanctions, Iran is in negotiating the use of cryptocurrency in its financial transactions with eight countries,” the acting head of Iran's Trade Promotion Organization (TPO) told Tasnim news agency on Monday.

“Representatives from Switzerland, South Africa, France, England, Russia, Austria, Germany and Bosnia have visited Iran to hold related talks about the issue,” Mohammad-Reza Modoudi said expressing hope that Iran can lure foreign investors into the country.

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