Iran Don Dey Para Crypto Like Kilode As Rial Dey Fall Hand And Economy Dey Shake
Iran don dey do plenty cryptocurrency transactions, part of di reason na because of wahala from Western kontris wey dey put hand for dia finance. Di reason why crypto dey hot now na because dem need am to join world market and protect moni against as moni dey lose value and things dey cost. Wetin dey happen now be say, Iran moni, wey be rial, dey fall yakata, so Central Bank of Iran don stop all rial payments for crypto exchange. Dis one dey affect over 10 million Iranian pipo wey no fit buy cryptocurrency like Bitcoin again with rial. Di reason for dis action na to stop rial from losing value more because of sanction and things wey dey cost pass money. Even though government dey clamp down on crypto, young Iranian pipo dey adopt am more and more as alternative to old way of doing finance. But dis plenty eye wey government dey put for crypto fit make di market no too hot again for local crypto.
Bearish
Di strong hand wey Iranian government take hold crypto mata, plus dem stop rial transaction for crypto exchange, dey show say crypto market no go shine for di kontri. Di way dem dey regulate am show say wahala dey come for Iranian traders. For short time, dis one fit make money no dey flow well and e go scare new investors. For long time, even though young Iranians fit dey use crypto as way to escape economic hardship, di government pressure and monitoring go fit kill market innovation and growth, and e go make people no trust am again.