Iran Plans to Use Crypto for Global Trade

The Iranian government is planning to use cryptocurrencies to make payments
for its international trade. This includes trade with India and other BRICS
countries such as China, Russia, Brazil, and South Africa.

According to several Iranian officials and business leaders, using digital
currencies will help Iran avoid the restrictions placed on it by the United
States and the United Nations. These sanctions make it difficult for Iran to
use normal banking systems for sending or receiving money from other countries.

By switching to cryptocurrency, Iran hopes to keep its trade running smoothly
without depending on international banks that follow sanction rules. Officials
believe this method will give them more freedom in global trade and help the
country work more closely with BRICS partners despite international pressure.