Iran tries to avoid US sanctions

Iran, following the example of North Korea, which began using Bitcoin during the economic crisis, is planning to do the same, given the difficult economic situation. Bitcoin is now more popular in the country than the national currency, the rial. In this regard, US State Department cybersecurity expert Morgan Wright believes that hackers will intensify Bitcoin extortion in the near future.

This year, the Central Bank of Iran (CBI) banned the purchase and sale of cryptocurrencies in an attempt to revive the country's economy. These measures were taken because government and financial authorities were unwilling and unable to control cryptocurrency activities.

The fact that citizens are prohibited from using cryptocurrency, but the government intends to obtain it fraudulently, is further evidence of the existence of corruption in the country, which manifests itself at all levels управления. Wright said Iran is involved in stealth mining attacks that steal computer processing power, primarily in Saudi Arabia, Iran's main rival in the region. Losses from attacks in the kingdom amount to millions of dollars.

Wright also noted that Iran's creation of its own cryptocurrency is an attempt to circumvent US sanctions, which were recently reimposed. Регуляторы в Соединенных Штатах не могут контролировать такие цифровые валюты, а это означает, что Иран сможет перемещать деньги, избегая при этом ограничений, которых должны придерживаться традиционные банки.

Похоже, что это единственный способ, за счет которого иранское правительство может попытаться сохранить власть. The government has long been losing its grip and has become desperate. The first round of sanctions came into force at the beginning of the month and have had a significant impact. A second round of sanctions is due to be implemented in November, which will be an additional blow to the economy. In addition, pressure on the government from citizens is growing. People are no longer just protesting the economic situation. They shout in the streets “Death to Khamenei! Death of Rouhani! Death to the dictator.”

Iran has already managed to circumvent sanctions once, and the country plans to do it again. Wright advised the international community to repay the government in kind and create something similar to the Stuxnet computer worm, which had caused chaos in the past, against the government. 

According to ncr-iran.org