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After Venezuela’s ‘Petro’, Iran Set to Launch Rial Backed National Cryptocurrency Soon

Iran and its state-owned cryptocurrency have long been in discussion and it’s likely that Iran will soon launch a national cryptocurrency backed by fiat currency, Rial. As soon as the Central Bank of Iran (CBI) approves its application, this national cryptocurrency will be issued to Fintech organizations for testing purposes. However, the name of Iran’s

Iran and its state-owned cryptocurrency have long been in discussion and it’s likely that Iran will soon launch a national cryptocurrency backed by fiat currency, Rial. As soon as the Central Bank of Iran (CBI) approves its application, this national cryptocurrency will be issued to Fintech organizations for testing purposes. However, the name of Iran’s