Iranians Buying Billions in Cryptocurrency as Trump Revokes Nuclear Deal

[kreslik.news]

It has been revealed that Iranians have sent the equivalent of $2.5 billion out of the country to purchase cryptocurrency. The news comes a day after US President Donald Trump’s announcement that the US will withdraw from an international agreement under the terms of which Iran limited its nuclear ambitions in return for the lifting of crippling economic sanctions.

According to local news outlet Financial Tribune, Mohammad Reza Pourebrahimi, Chairman of the Economic Commission of the Parliament of Iran, said: “Despite the fact that a minority of the people of our country are customers of virtual currencies and their new markets, ... (read more)