Iran Eyes Bitcoin Adoption to Boost Revenue from Tourism

Iran’s government is looking at increased Bitcoin and cryptocurrency adoption as a way of ensuring the flow of much-needed revenue from its tourism industry. This move comes as state officials try to prevent the country’s booming tourism sector from being negatively impacted by the resumption of U.S.-led economic sanctions.

Both public and private stakeholders are reportedly looking at the benefits of adopting cryptocurrency payments to lift any possible restrictions suffered by visitors to the countries as far as payments are concerned.

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