Iran Financial News

31.05 / 01:55

COST UPS VISA Gap Airlines end Very few U.S.-China flights are back despite the end of Covid

BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report.

19.05 / 04:59

regulation Congress Chamber of Digital Commerce Lobby Blockchain arms race risks being won by ‘adversarial nations’ — US crypto lobby group

A blockchain lobbying group backed by the likes of Goldman Sachs, Citi Group, Circle and Fidelity has urged the United States Congress to pass a legal framework for digital assets or risk falling behind other nations.

11.05 / 16:49

regulation Bittrex Crypto Exchange Withdrawals Bittrex Processed $425 Million in Withdrawals Since April 1, Claims Attorney Amid Bankruptcy Proceedings

The US and Maltese arms of crypto exchange Bittrex have processed $425 million in withdrawals since the platform announced plans to wind down US operations.

01.05 / 20:29

Law regulation sanctions Poloniex settlement Poloniex will pay $7.6M settlement to US authorities for 'apparent violations' of sanctions

The United States Treasury Department’s Office of Foreign Asset Control (OFAC) announced cryptocurrency exchange Poloniex has agreed to a $7.6 million settlement related to more than 65,000 apparent violations of multiple sanctions programs.

21.04 / 20:13

Stablecoin Payments regulation coinbase us sanctions regulatory Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert

According to former Department of State official Anja Manuel, if the United States isn’t able to maintain its dominance in financial innovation and payments, it could affect its national security policy, specifically on sanctions.

18.04 / 19:53

business Mining Intel GPU Intel will stop manufacturing chips for Bitcoin miners: Report

Major United States-based technology company Intel has reportedly announced plans to discontinue its line of Blockscale Bitcoin mining chips as part of efforts to cut costs.

18.04 / 08:59

UPS Discounts Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts

As Russia scours the globe for buyers of its energy products, it is finding eager trade partners in an unlikely place: The oil-rich petrostates of the Persian Gulf.

17.04 / 11:51

UPS Discounts Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts

As Russia scours the globe for buyers of its energy products, it is finding eager trade partners in an unlikely place: The oil-rich petrostates of the Persian Gulf.

13.04 / 13:19

WSJ WSJ reporter Evan Gershkovich makes Time’s 100 most influential people list

Time named Wall Street Journal reporter Evan Gershkovich, who remains detained in Russia, to its 2023 Time 100 list of most influential people.

12.04 / 18:59

UPS MET Cooper Aware Tesla NOT Most Americans are not confident in how China's Xi will handle world affairs, Pew survey finds

Most U.S. adults in a survey say they have little confidence that Chinese President Xi Jinping will «do the right thing regarding world affairs,» according to the poll by the Pew Research Center released Wednesday.

01.04 / 16:09

regulation Bittrex Crypto Exchange regulatory Crypto Exchange Bittrex Pulls the Plug on US Operations Amid Challenging Regulatory Environment – Here's the Latest

Cryptocurrency exchange Bittrex is shutting down US operations, citing increasing regulatory pressure and a lack of clear regulatory requirements.

29.03 / 20:53

regulation Social Media Telecommunications Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns

The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog.

21.03 / 00:49

CBDC regulation IMF Middle east IMF examines CBDC design in context of Islamic banking, finds some risks magnified

A central bank digital currency (CBDC) can impact monetary policy by increasing money velocity, disintermediation, volatility of bank reserves, currency substitution and altered capital flows, even when it is not designed to do so, according to a study published by the International Monetary Fund. The unintended impact of a CBDC may be felt particularly acute in the Islamic banking system.

06.03 / 19:13

Binance SEC MasterCard Legal Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks' Association to Develop a Blockchain-based KYC Platform

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________

06.03 / 13:45

Blockchain CBDC regulation Central Bank Iran completes pre-pilot phase of central bank digital currency

Iran is moving forward with its central bank digital currency (CBDC) plans, completing preliminary research for the launch of a potential digital rial.

04.03 / 20:23

Target U.S. Export Limits Target 28 Chinese Entities, Citing Alleged Ties to Iranian Military

WASHINGTON—The U.S. Commerce Department on Thursday targeted more than two dozen Chinese entities with export restrictions, part of a broader effort by the Biden administration to mitigate what it says is a growing national security threat from China.

03.03 / 16:03

Target U.S. Export Limits Target 28 Chinese Entities, Citing Alleged Ties to Iranian Military

03.03 / 00:19

Blockchain Adoption Banks Chinese yuan Russian bank issues first on-chain bank guarantee in Chinese yuan

Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming the product is the first in the country. The bank guarantee exceeds 100 million Chinese yuan — or nearly $144,600 USD at time of publication.

17.02 / 17:43

CBDC Adoption regulation Central Bank Bank of Russia Russia to roll out CBDC pilot with real consumers in April

The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023.

15.02 / 21:57

Target EU Starts Discussions on New Export Bans, Sanctions Against Russia

European Union member states started discussions on a new set of economic measures targeting Russia, including proposals for a ban on over $11 billion worth of Russian imports and sanctions against Iranian entities the bloc says is supplying drones to Russia, diplomats said.

10.02 / 18:39

UPS Digital Bitcoin Russian Government Says It Won’t Rush into Crypto-powered Trade with Iran

The Russian government has said it is exploring the notion of using crypto in trade deals with Iran – but will not be hurried into action.

breaking news about Iran

What is the current situation in Iran?

In Iran, the spotlight is on major events that affect the region’s daily life.

Where can I find reliable news about Iran?

We publish in-depth coverage about the situation in Iran, based on information from regional journalists.

What shapes the media agenda in Iran?

The news landscape of Iran is shaped by key decisions by local authorities, reflecting its unique context.