Latest Crypto-Rial News

Iranian flag and digital currency
Business 19 April 2022

Iranian central bank to launch its crypto-rial CBDC

The Central Bank of Iran has notified commercial banks that it intends to launch the state bank-backed digital currency soon, issuing a series of regulations that pave the way for the currency.

Iran's answer to SWIFT removal? A state-issued cryptocurrency
Business 14 November 2018

Iran’s answer to SWIFT removal? A state-issued cryptocurrency

After the Central Bank of Iran was ejected from the global SWIFT network following the reintroduction of U.S.-led sanctions, sources close to the CBI have confirmed it is stepping up efforts to introduce state-backed digital currency.

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