Iran has approved the use of cryptocurrency for trading and importing goods, according to Industry Mines and Trade Minister Reza Fatemi Amin. The approval serves as a measure to circumvent US sanctions imposed on its finance and banking sector. According to Amin, the regulations for using cryptocurrencies instead of dollar and euro were finalized by the administration on Sunday. “All the issues related to crypto-assets, including how to provide fuel and energy, and how to ass

Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters to protect investors. Amid Dubai moving forward with a new license program for cryptocurrency service providers, local regulators are introducing additional marketing and advertising rules for the industry. Dubai’s Virtual Asset Regulatory Authority (VARA), the city’s dedicated crypto regulator, reportedly announced new regulatory guidelines on the marke

Singapore, the city-state south of Malaysia, attracts capital from around the world and, unlike El Salvador, has a very different balance of state and international reputation. It has long been adopting a detailed regulatory framework to prepare it for the widespread use of Bitcoin among the population, and this suggests that it will follow in El Salvador’s footsteps. Bitcoin legal tender in Singapore? Singapore may be ready to make Bitcoin legal tender One of the world’s mos