Express

Iranian Commander Calls For Cryptocurrency Use To Evade Sanctions

Ramsey Baker

Summary: The commander of the Khatam-al Anbiya Construction, an engineering firm controlled by the Iranian Revolutionary Guard Corps, has reportedly called for the use of cryptocurrencies in order to evade sanctions. Saeed Muhammad stated, “We are demanding a more sophisticated mechanism to circumvent sanctions, and we are calling for the activation of the use of cryptocurrencies, ...

The commander of the Khatam-al Anbiya Construction, an engineering firm controlled by the Iranian Revolutionary Guard Corps, has reportedly called for the use of cryptocurrencies in order to evade sanctions.

Saeed Muhammad stated, “We are demanding a more sophisticated mechanism to circumvent sanctions, and we are calling for the activation of the use of cryptocurrencies, and we want bilateral or multilateral monetary agreements," according to a report from Iranian Labour News Agency (ILNA) last week.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Iranian Commander Calls For Cryptocurrency Use To Evade Sanctions   [Copy]
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 15 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 20 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.