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Iranian President proposes to create cryptocurrency for Islamic countries

Hassan-Rouhani-cryptocurrency-for-Islamic-countries Hassan Rouhani | Iranian President

Iranian President Hassan Rouhani proposed creating a cryptocurrency that would be used in Islamic countries as an alternative to the US dollar.

At a conference in Malaysia, Rouhani stated that Islamic countries need to strengthen financial cooperation to counter the "financial hegemony of the United States." He called the US economic sanctions "the main tool for establishing its hegemony and mockery of other nations."

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