Cryptocurrency Saved IRAN – Katoch Tubes

Iran turning  to crypto

IRAN Crypto Imports

Iran made its first major import using crypto currency worth $10mn  amid US sanctions

Why does it matter?

Allowing digital asset trade & bypassing US Dollar is the first step towards crypto acceptance

IRAN Bitcoin Mining

Around 4.5% of the world's Bitcoin mining take place in Iran. Generating $1bn  revenue per year

Why this Move?

All thanks to US Sanctions, including ban on all imports, paralysing Iran's economy.

The Next Move

Acc. to Iran Ministry of Mine & Trade, Crypto & smart contracts will be  part of foreign trades.

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