its first official import order in cryptocurrency. In August 2022, the government official revealed the deal was for $10 million worth of goods.
Peymanpak now revealed that a specialized platform has been created to connect local companies that want to pay foreign suppliers with digital coins. He elaborated:A platform like this was necessary to facilitate money transfers using cryptocurrency. It is linked to Iran’s Comprehensive Trade System and the CBI’s Currency Allocation Platform, the executive detailed.
Crypto may be subject to certain restrictions in trading with countries such as Iraq, Afghanistan and Pakistan, the Financial Tribune noted in a report. However, the digital currencies can help Iran in export destinations where they are used such as China, India and Russia, the English-language daily noted.