[size=32]
How does the currency of "Petkewin" Iran in violation of US sanctions?[/size]
Twilight News
3 hours ago
How does the currency of "Petkewin" Iran in violation of US sanctions?[/size]
Twilight News
3 hours ago
Many economists believe that encrypted e-currencies, especially Petcown, are capable of helping Iran to cope with strong US sanctions and circumvent them.
Although it is not possible to predict the graph of the rise and fall in the value of the mint currency, it has become an emerging meal in the "economic war" between Washington and Tehran, the New York Times reported.
If the Iranian economy is facing difficulties and obstacles due to the banking sanctions that effectively prevented foreign companies from doing business in that country, the difficult and traceable delivery of commercial and banking transactions by the Iranians could allow Iranians to pay for many goods and materials, On banks.
Away from the American radar
In the past, the threat of US sanctions has been enough to spoil most business with Iran, but anonymous payments made in formation could change that.
While Washington can monitor and intimidate big companies, an endless number of small and medium-sized businesses can use their home and other encrypted currencies to run their business far from the US.
The digital currency system is clearly designed to avoid central banks and large financial institutions, just like emails being sent without passing through a central postal service.
If the Iranian regime has been slow in the past to understand and understand the potential for evasion of sanctions through formation, Tehran is considering the possibility of establishing a coded exchange of currencies to facilitate trade, despite the failure of the experience of Petro, the coded currency supported by Venezuela.
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