Iran has approved an order to import goods totaling $10 million paid in cryptocurrency.
Another move came from Iran, which left behind the strict process by making new breakthroughs in crypto money. Iran has completed an import order worth $10 billion in crypto, as Alireza Peyman-Pak, Chairman of the Iran Trade Promotion Organization (TPO), said on Twitter.
Alireza Peyman-Pak tweeted:
https://twitter.com/peymanpak_ir/status/1556927239907835904
This week, the first official import order registration worth $10 million was successfully completed using cryptocurrency.
Iran Softens Crypto Perspective
The Iranian government decided to ban Bitcoin mining in 2021 due to concerns surrounding its energy use. Then, Iranian police confiscated more than 7,000 computers used for cryptocurrency mining from a facility in the capital, Tehran.
About a week after this event, Iran softened its view on crypto, and accordingly, approved the establishment of 30 crypto mining farms. This confirmation came a little later.
In March 2021, the Iranian Presidential Center for Strategic Studies, in a detailed report, encouraged the country to adopt Bitcoin and other currency mining to bypass international sanctions.
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