digital currency

Iran Announces Launch of Official Digital Currency

The Secretary of Iran’s Supreme Council of Cyberspace, Abolhassan Firouzabadi, announced on Sunday that the Islamic Republic would be bringing digital, or crypto, currency to the country in the near future regulated by the government.

This picture illustrates Iranians on January 12, 2012 counting and exchanging the United States 100-dollar bills and Iran's Rial banknotes, bearing a portrait of Iran's late founder of Islamic Republic Ayatollah Ruhollah Khomeini in Tehran. The Rial's plunge, to 18,000 to the dollar hit a record low on January 18, …