Iran eases currency controls to let traders bring earnings home in crypto: FT

Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.

Iran’s central bank has reportedly eased controls to let traders bring export earnings home using USDT and bitcoin.
Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.
The central bank declined to comment. The report did not quantify how much export revenue has returned through crypto.

1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 18 hours ago
2 Crypto job postings triple to over 1,200 in September, but applications fall 18 hours ago
3 Cathie Wood says smart investors need to start watching where AI agents spend money 19 hours ago
4 Crypto's Sisyphean struggle 21 hours ago
5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 21 hours ago
6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Original sourceCoinDesk

The original source remains the canonical version for attribution, rights, and later updates.

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.