another country moving towards crypto

[Cryptsafe]

As it stands now, the drive for global adoption of bitcoin and cryptocurrency has just been activated. The Trump emergence triggered it all and many countries have began a review on the modalities and also benefits it would bring them and this step is a good one that would usher in a global economic rescue to nations that are in the brink of collapsing economically. The news of Iran  working of modalities on regulations for crypto is a welcome development and I believe they would utilize this opportunity properly.

[target]

Yes, this is no surprised as they have been mining for years already. And now that Trump won, they could used the popularity of him saying that they will used Bitcoin as national reserved.

And besides, we all know that they are still under sanctions so they could have used crypto to circumvent it.

There is no confirmation that they mine Bitcoin and selling Bitcoin is more difficult than selling oil and gas which brings them millions of dollars daily. The Bitcoin market is highly transparent and it is difficult to daily sell thousands of Bitcoin without anyone noticing.

What we can confirm though is that a percentage of hash comes from Iran. It could be some from an Iranian rypto miner. 

Because Trump plans BTC to be mined only in US, the boys from Iran will not let that happen. Those guys do what US do and they have cheap gas that can generate energy for mining.

[Vx1]

If many countries in the world accept crypto and legalize it, then this will be very good news. Those who previously banned crypto now accept it, maybe they see many positive things in this Cryptocurrency.
Iran is also a big country in Asia, has strong economic growth and military power. I hope more and more countries will follow Iran's steps, so that the growth of cryptocurrency can be even faster.

[Lucius]

Another country will do exactly what? Well, these are stories that have been circulating for years and they do not mention BTC as a solution at all, but focus more on some things that could help the country avoid sanctions - but not allow ordinary people to profit from such regulations.

Countries where people are denied basic human rights should first work on democracy, and only then on everything that is completely normal in such a democracy.

[JISAN]

I expect to see more countries move towards accepting Bitcoin or at least enacting more lenient laws on cryptocurrencies due to Trump’s victory in the US elections and the rise of Bitcoin.

As for Iran, I have heard for a long time that they are using Bitcoin to evade the sanctions imposed on them by the West and the US, but that was unofficially, but if Bitcoin is legalized officially, it will definitely be positive news for both Bitcoin and Iran.

Currently, all countries think positively about Bitcoin, but due to some special reasons, Bitcoin has not been legalized in all countries so far.  Bitcoin transactions cannot be tracked to a specific person unless someone knows who is using that Bitcoin address.  Because Bitcoin transactions can be done anonymously, there is a high possibility of money laundering from the country.  So countries that are economically weak so far are not taking the risk of accepting Bitcoin because they can't afford to control Bitcoin users so far.  But someday in the future it will be seen that the whole world will use and validate Bitcoin as specific as Pioneer or PayPal.

[dekafee79]

I expect to see more countries move towards accepting Bitcoin or at least enacting more lenient laws on cryptocurrencies due to Trump’s victory in the US elections and the rise of Bitcoin.

As for Iran, I have heard for a long time that they are using Bitcoin to evade the sanctions imposed on them by the West and the US, but that was unofficially, but if Bitcoin is legalized officially, it will definitely be positive news for both Bitcoin and Iran.

Currently, all countries think positively about Bitcoin, but due to some special reasons, Bitcoin has not been legalized in all countries so far.  Bitcoin transactions cannot be tracked to a specific person unless someone knows who is using that Bitcoin address.  Because Bitcoin transactions can be done anonymously, there is a high possibility of money laundering from the country.  So countries that are economically weak so far are not taking the risk of accepting Bitcoin because they can't afford to control Bitcoin users so far.  But someday in the future it will be seen that the whole world will use and validate Bitcoin as specific as Pioneer or PayPal.

That is the advantage of bitcoin because its transactions cannot be traced, and this is what previously at the beginning of bitcoin's launch the government opposed bitcoin because of concerns that bitcoin would be used for money laundering or illegal activities.
actually it all comes back to the people who use bitcoin, because not all bitcoin investors do that. even some bitcoin investors are only looking for profit from their investments.

[satpol_PP]

If many countries in the world accept crypto and legalize it, then this will be very good news. Those who previously banned crypto now accept it, maybe they see many positive things in this Cryptocurrency.
Iran is also a big country in Asia, has strong economic growth and military power. I hope more and more countries will follow Iran's steps, so that the growth of cryptocurrency can be even faster.

It is likely that many countries will legalize bitcoin and crypto in the future. and we know that El Salvador is a pioneer in legalizing crypto for payment methods, and finally Iran also legalized it. and there will be many countries in the world that will accept crypto and legalize it not only for investment but for payment methods.
And the more countries accept bitcoin, the better it will be for the price of bitcoin, of course it will be more expensive.

[Asiska02]

yet another country moving towards regulation of crypto instead of preventing any kind of use of it this is additional good news following bitcoin reaching $100k and i am sure many countries are now interested in crypto and would be reevaluating their stance they also most likely would not want to be left behind with usa looking really strong and determined to be a crypto friendly country

All this are now been caused by the USA effect. When a big country like USA is moving towards a new trend, it brings along other countries that will like to share the same interests like them to also follow in their part. The stance of bitcoin all over the world cannot be overemphasised and what they’re capable of doing or controlling in the world economy is beyond measure. Many countries will begin to troop into bitcoin now because of the potential it has shown. The countries that have adopted and owned bitcoin for a while now are the ones that will enjoy better when bitcoin is now a legal tender and can be used for any financial transactions all around the world. Iran have taken a good path and with this brave move, I believe more countries will join soon into the bitcoin space.

[vegasus]

It is likely that many countries will legalize bitcoin and crypto in the future. and we know that El Salvador is a pioneer in legalizing crypto for payment methods, and finally Iran also legalized it. and there will be many countries in the world that will accept crypto and legalize it not only for investment but for payment methods.
And the more countries accept bitcoin, the better it will be for the price of bitcoin, of course it will be more expensive.

Well, probably. but I don't know whether it is only legal as a commodity asset like in some countries for investment or trading, or also as legal tender, money, a legitimate means of payment. because maybe for the second option as legal tender, some countries may still be thinking about many things, especially regarding its use as a means of payment. yes, maybe we have to wait a long time to see more and more countries legalizing BTC like El Salvador did.

[Baofeng]

Yes, this is no surprised as they have been mining for years already. And now that Trump won, they could used the popularity of him saying that they will used Bitcoin as national reserved.

And besides, we all know that they are still under sanctions so they could have used crypto to circumvent it.

There is no confirmation that they mine Bitcoin and selling Bitcoin is more difficult than selling oil and gas which brings them millions of dollars daily. The Bitcoin market is highly transparent and it is difficult to daily sell thousands of Bitcoin without anyone noticing.

I'm basing regarding them mining on a 2021 article by elliptic,

Elliptic estimates that 4.5% of all Bitcoin mining takes place in Iran, allowing the country to circumvent trade embargoes and earn hundreds of millions of dollars in cryptoassets that can be used to purchase imports and bypass sanctions. This has implications for financial institutions engaging in cryptoasset transactions - who should ensure they have appropriate controls in place to avoid sanctions violations.

https://www.elliptic.co/blog/how-iran-uses-bitcoin-mining-to-evade-sanctions

Although maybe some of them are mining Bitcoin illegally, but if the government is the one sponsoring it, there could be one specific reasons as to why? And as I have said, it's to avoid sanctions.

Unlike North Koreans who is also sanctions, but the North Korean employed another tactic, that is to hack crypto exchanges and they have been reported to have the infamous "Lazarus" group with the tasks of hacking and breaching any exchanges or even a country for that matter.

[Cryptsafe]

If many countries in the world accept crypto and legalize it, then this will be very good news. Those who previously banned crypto now accept it, maybe they see many positive things in this Cryptocurrency.
Iran is also a big country in Asia, has strong economic growth and military power. I hope more and more countries will follow Iran's steps, so that the growth of cryptocurrency can be even faster.

Countries have started making the move to doing so. I believe they have seen the direction of the wind and where it is going to so they have begin every necessary steps involved to making sure they are not left behind because if the the USA should implement bitcoin into  their economy to the point of making it their national reserve, then there is more to come than one could imagine. The earlier they start now, the better they position themselves for the future and what is to come as it relates to this new development upon the emergence of Trump as the US President.

[Vx1]

If many countries in the world accept crypto and legalize it, then this will be very good news. Those who previously banned crypto now accept it, maybe they see many positive things in this Cryptocurrency.
Iran is also a big country in Asia, has strong economic growth and military power. I hope more and more countries will follow Iran's steps, so that the growth of cryptocurrency can be even faster.

It is likely that many countries will legalize bitcoin and crypto in the future. and we know that El Salvador is a pioneer in legalizing crypto for payment methods, and finally Iran also legalized it. and there will be many countries in the world that will accept crypto and legalize it not only for investment but for payment methods.
And the more countries accept bitcoin, the better it will be for the price of bitcoin, of course it will be more expensive.

I would also be happy to hear that more and more countries accept Bitcoin or crypto in general, because this will certainly increase the growth of crypto in general.
However, the price of Crypto or BTC which fluctuates highly, is still a consideration for many countries to legalize Bitcoin.
But I believe that countries that accept crypto will progress and develop faster than other countries that do not accept Bitcoin.

[0t3p0t]

Seeing more and more countries getting their hands into crypto nowadays especially those who affected by sanctions and stuff is not surprising to me because they don't want to get stuck in the middle of nowhere while thinking of potential solutions to the issue. It indeed helps push the price of Bitcoin higher because we are talking about millions or even billions of investment expected from these countries.

[Z-tight]

I don't know what Iran wants to do here, it is not so clear, but with the way the country is run, i would be surprised that they would be interested in a decentralized currency like BTC, except of course they want to use it to avoid sanctions. We will see what happens with this one and if they are actually moving towards decentralized BTC or something like a cbdc.

[doc]

Seeing more and more countries getting their hands into crypto nowadays especially those who affected by sanctions and stuff is not surprising to me because they don't want to get stuck in the middle of nowhere while thinking of potential solutions to the issue. It indeed helps push the price of Bitcoin higher because we are talking about millions or even billions of investment expected from these countries.

Maybe in the future there will be many countries that will accept bitcoin, even though they are under sanctions but decentralization will make them have financial freedom, maybe this is the reason why Iran chose to accept bitcoin. Bitcoin is a safe investment and its price will be more expensive in the future so those who invest in bitcoin are likely to get bigger profits in the future.