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Iranian General Advocates Crypto Use for Skirting Sanctions: Report
An Iranian general is reportedly calling for the use of cryptocurrency to evade sanctions. Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps' "Army of Guardians of the Islamic Revolution" (or Sepâh for short), a branch of the Iranian Armed Forces, said in a speech Wednesday that Iran should look to cryptocurrencies to bolster international investment despite heavy sanctions on the nation, reported Coinit.ir. "We are demanding the creation of a more sophisticated mechanism (a commodities exchange) to bypass sanctions," he said. "To circumvent sanctions, we must develop solutions such as the ... (full story)