According to Mohammad Reza Pourebrahimi, the chairman of the Economic Commission of the Parliament of Iran who visited Moscow recently, his country is considering to use crypto in international trade operations, in particular with Russia. This will help it to bypass the US sanctions.
Reza observed that there has been a lot of talk about crypto coins such as Bitcoin in the past two years. He sees this technology as one of the good ways by which the country can bypass the use of the US dollar and also replace the SWIFT banking system. The Central Bank of Iran has been engaged to start developing proposals on the use of cryptocurrency. He said this while at a meeting with Dmitry Mezentsev who is the head of the Russian Federation Council Committee on Economic Policy.