The next cryptocurrency evolution: Iran is forced to use a ‘financial dynamite’ while South Korea steps in voluntary

The next cryptocurrency evolution: Iran is forced to use a ‘financial dynamite’ while South Korea steps in voluntary

CNBC talks about Bitcoin, Canadian crypto owners has doubled, Finland says crypto is a fallacy, Coinsquare launches in Japan, India may stop crypto ban, South Korea proposes crypto laws, Ripple hires a new vice president, Iran is forced to use blockchain

[A crackdown in Iran] would create a secondary market for crypto assets within the economy, which — normally speaking — would have a very high markup compared to the asset’s price elsewhere in the world …So, there will be places where they’ll be able to trade peer-to-peer. They don’t need an exchange. Obviously, it’s a lot easier if you have a local exchange that accepts credit cards or bank transfers, but if that infrastructure’s not there, they can still trade it peer-to-peer.

Mati Greenspan, a senior market analyst at eToro

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