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news - Iran Launches Gold-Backed Crypto to Circumvent Sanctions

Iran Launches Gold-Backed Crypto to Circumvent Sanctions

The Islamic Republic of Iran has launched a gold-backed cryptocurrency dubbed PayMon (the Persian word for covenant)  as a means for circumventing international sanctions.

news - US Lawmakers Introduce Bill Imposing Sanction Against Iran’s Cryptocurrency

US Lawmakers Introduce Bill Imposing Sanction Against Iran’s Cryptocurrency

United States lawmakers have introduced a bill imposing new sanctions on Iran’s efforts to develop and use its own cryptocurrency. 

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