Deleted user
posted 3 years ago
Sanctions & bitcoins
Can people with valid OFAC licenses use bitcoin to transfer money between Iran & US, since no banks in US soil are willing to transfer funds between two countries?
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  • United States
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davouderfanian
Deleted user
Lawyer
posted 2 years ago
You can use any cryptocurrency for your transactions, but make sure that you consider issues below in your contract: 1- use the coin/token with the lowest transaction fee. 2- since the lack of regulations in IRI and recognition of IRR in the contracts, declare the consent of the Parties of the chosen way of payment. If you had any more questions, feel free to aks D.