Alexei Dedov, Russia’s ambassador to Tehran, the Iranian capital, said in an interview that Russia and Iran are exploring the possibility of using digital currencies for import and export operations, but a regulatory framework is needed.
Alexei Dedov said: “Both Russia and Iran are considering the use of digital currencies and digital financial assets in the settlement of import and export transactions. However, the process of reaching any specific agreement is still under study.
He stressed that this issue is not easy and requires careful study by experts, including the establishment of the necessary legal framework.
As previously reported, on January 16, Alexander Brazhnikov, executive director of the Russian Cryptocurrency Industry and Blockchain Association, revealed that the Central Bank of Iran is considering the possibility of jointly creating a token (a gold-linked stablecoin) in the Persian region with Russia. This token can replace US dollars, rubles and Iranian rials as a means of payment in foreign trade settlements.