Tag: PayMon

Securities and Exchange Organization
February 06, 2019 BY Mariela Naydenova

PayMon - the gold-backed digital coin of Iranian banks

The idea that Iran is going to launch its very own stablecoin has been around for some time now. The country is undeniably working towards liberalizing its crypto space and embracing the technology of blockchain. Reportedly, Iranian banks have already launched their very own cryptocurrency, called PayMon. It is backed by gold. The four Iranian…

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