The Iranian government has decided to censor every transaction using cryptocurrency in the aftermath of complaints by Iranian nationals, facing issues while accessing crypto exchanges like Binance, blockchain and local Bitcoins, according to the report by Coindesk.
The most preferred VPN method for anonymity is also failing to access the aforementioned cryptocurrency exchanges.
First the heated political climate, then the deteriorating international ties followed by 127 percent inflation in the Iranian currency.
This move of censoring cryptocurrency comes as a kick in the gut for the Iranian masses.
The issue first came to surface with a firsthand account from Tehran, stating that the government is moving in the direction of strict censorship of cryptocurrency.
This censorship has simply reversed all the progress made by cryptocurrency platforms in Iran and is totally against the ethics of the blockchain system.
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