Iranian General Advocates Crypto Use for Skirting Sanctions: Report

Coindesk | Feb 27, 2020 at 1:32 AM
  • An Iranian general is reportedly calling for the use of cryptocurrency to evade sanctions.
  • Sanctions are designed to isolate a nation from the global financial system, preventing international entities from investing in local projects or letting sanctioned nations easily trade with global partners.
  • The first sanctioned crypto addresses even belonged to Iranian nationals.