Iran to allow cryptocurrency payments for international trade
The new payment mechanism will be completed within a few weeks
12.01.2022 - 08:00
708
1 min
0
What’s new? The Central Bank of Iran (CBI) and the Ministry of Trade have reached an agreement to connect the CBI's payment platform to a market system. The new platform will allow businesses to make international payments using cryptocurrencies, Mehr reports.
What do the authorities say about the project? Alireza Peyman-Pak, Deputy Minister of Industry, said that the new payment mechanism will be completed “within the next two weeks.” He added that the government should not ignore the economic and business opportunities of the crypto industry.
“We are finalizing a mechanism of the system. This should provide new opportunities for importers and exporters to use cryptocurrencies in their international deals [...] Our economic actors will be able to easily and widely use the opportunities of cryptocurrencies.”
Useful material?
Telegram 
Twitter Incidents
Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.
Jun 22, 2026
Incidents
The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.
Jun 10, 2026
Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Cryptocurrency rates
-
Bitcoin
$59 483
BTC
-2.05%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.03
XRP
-3.27%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.073849
DOGE
-1.81%
-
Zcash
$403.52
ZEC
-1.44%
-
Stellar XLM
$0.174853
XLM
-5.9%
-
Cardano
$0.142046
ADA
-2.37%
-
Polkadot
$3.32
DOT
+5.27%