Sadegh Al-Hosseini, an economist, stated at the National Digital Currency Event: "My prediction for the future of cryptocurrencies is positive. It is both an opportunity for those who understand it and a threat for those who do not and want to remain in their traditional structures."

The Head of the Securities and Exchange Organization stated that the future of the capital market depends on adapting to new technologies such as blockchain and cryptocurrencies.

EghtesadOnline: Iran's in-the-works national cryptocurrency, which is expected to be unveiled soon, will in its first operational phase solely focus on clearing limited bank transactions, a top advisor to the minister of information and communications technology.

EghtesadOnline: Iran and Russia could consider using local or digital currencies to cushion any impact on bilateral trade from fresh US sanctions that ban dollar-denominated transactions with Iranians, a lawmaker said.

EghtesadOnline: The Central Bank of Iran will announce its official policy on cryptocurrencies within the next few months, the monetary regulator’s deputy for international affairs said.

EghtesadOnline: The rise of cryptocurrency mining has created a weird global shortage of graphics processing units. The tsunami in demand has reached Iran with GPU prices jumping 100% over the past month.

EghtesadOnline: A senior member at Iran's biggest bank has come out in favor of cryptocurrencies and called for them to be recognized and widely accepted in the banking system.

EghtesadOnline: Virtual currencies are slowly but steadily gaining traction across the world, as many are lured by their decentralized and somewhat exotic qualities once they get past the initial opaqueness.