Iran’s Trade Promotion Organization (TPO) said that Iranian authorities are taking steps to make it easier for companies importing goods in sanctioned countries to make crypto payments; it has established a dedicated platform to allow local businesses to transfer cryptocurrencies for cross-border settlement purposes. .

Alireza Peymanpak, the head of the government agency, said that the Central Bank of Iran (CBI) has approved the use of cryptocurrencies in the settlement of imported goods. (Bitcoin.com)