2018-7-4 09:51 |
Several Iranians exclusively told CoinDesk they are having trouble accessing crypto exchanges like Binance, Blockchain and LocalBitcoins, even with virtual private networks (VPNs) and other workarounds that were already commonplace because of international sanctions.
No speculative investment, the source is referencing how Iranian’s currency reached an annual inflation rate of 127 percent on July 2.
Majidyar told CoinDesk:
“If [diplomacy] falters, it would mean there are more restrictions, and definitely cryptocurrency would be impacted as well.”
(A CoinDesk survey of 200 domestic crypto users revealed a majority used the tech for cross-border payments.)
This policy stipulated the Central Bank of Iran cannot take “any action to promote” decentralized currencies.
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