Iran Moving Toward National Virtual Currency

News about Iran striving to launch its own virtual currency garnered mixed reactions and raised a number of questions, namely about the potential uses of the currency and the government’s role.
“In my opinion, the nation’s digital currency must be created with a minimal amount of state interference and by designating assets as its backer,” Nima Amirshekari, the head of Electronic Banking Department at the Monetary and Banking Research Institute, told IBENA.
“We must not expect any profits or yields from these currencies in the initial step, as they must only be subjected to tests,” he added.