Can Cryptocurrency Threaten National Currency?

Iranian cyberspace authority believes, that it is very possible. They even prove their belief by claiming that they are going to ban Telegram because of its ICOs. The Telegram`s ICOs are undermining the national currency, according to the statement of the secretary of Iran`s High Council of Cyberspace.

The wish to ban Telegram stemmed from a wish to support national apps and the national currency. As well, the IHC secretary believes, that the application is a direct threat to national safety, as it can be used for communication during potential protests against the current regime.

Telegram is called an enemy of the private sector, and the company has never had and has never agreed to have an office in Iran, and many reasons, some of which sound ridiculous. The main target is to ban the app, and the country`s government is moving in that direction.

Add a Comment

Your email address will not be published. Required fields are marked *