Iran’s Government Is Using Crypto Startups as Part of Its Blockchain Embrace

Iran’s central bank is working with a pair of blockchain startups that are developing what could be the groundwork for a new token ecosystem, CoinDesk has learned.

Many government banks around the world have launched isolated blockchain pilots. But in January, the Central Bank of Iran unveiled plans for a more comprehensive cryptocurrency program at Tehran’s Electronic Banking and Payments conference. While the new framework – which includes restrictions on accepting or sending bitcoin payments as well as supportive measures for bank-issued cryptocurrencies – is not yet approved, Iranian sources say it’s in the process of becoming law.

Read More.. Source Coin Desk