news

bitcoin

1 X bitcoin bitcoin =

Thursday

13 August 2020

Iran Wants to Create Crypto to Confront ‘Economic Hegemony’ of US

Iran Wants to Create Crypto to Confront ‘Economic Hegemony’ of US


smart summary beta

Iran’s President has proposed to create a Muslim cryptocurrency as one of a number of means to confront the economic dominance of the United States.

Rouhani put forward the establishment of a special banking and financial system among Muslim nations that use local currencies for trade.

Local reports confirm that Rouhani proposed the creation of a cryptocurrency as part of the effort.

Meanwhile, Turkish President Recep Tayyip Erdogan apparently criticized the Organisation of Islamic Cooperation, arguing that the platform that connects the Muslim world together demonstrated a “lack of implementation.” Erdogan also outlined that Muslim countries needed to focus on Islamic financing, suggesting the establishment of a special working group.

Goto Full Article

bitcoin bitcoin price

$9106.76

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Image

Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
published: 2 months ago
Litecoin price is showing signs of an upside correction against the US Dollar, similar to bitcoin. LTC price must clear the $45.00 hurdle to start a sustained upward move in the near term.

sentiment (-0.3) Negative

Article Metadata

author

site

cointelegraph.com
Market data feeds provided by cryptocompare.com
bitsmart 2018