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Archive: currency

In the news this week: New York hemp farmers get a break, Saudi Arabia backs Travis Kalanick again and David Marcus says bitcoin isn’t a currency.

A Collapsing Rial Pushes Iranians Toward Bitcoin

By Allison Brickell on August 6, 2018

Faced with a collapsing rial and strict U.S. sanctions, some Iranians are buying bitcoin as a protective hedge.