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All tagged Hamid Babalhavaeji
Iran’s business community is taking stock after the assassination of Major General Qassem Soleimani as the possibility of a direct conflict with the United States threatens serious consequences for an already beleaguered Iranian economy. Both the currency market and stock market saw further losses on Monday, the final day of a three-day period of mourning.
◢ A new draft framework put forward by the Central Bank of Iran proposes a ban on the use of global cryptocurrencies for payments within the country, disappointing members of Iran’s burgeoning “crypto” community. The central bank has given the community one month to offer feedback on the proposed rules and now members are hard at work trying to reach a consensus to solve a thorny problem of monetary policy.
