Industry WIKI

Convertibility is the quality that allows money or other financial instruments to be converted into other liquid stores of value. Convertibility is an important factor in international trade, where instruments valued in different currencies must be exchanged.

In 2018, Iran recognized cryptocurrency mining as a legal industry in order to monitor and regulate the mining farms that were already operating. In December 2025 Iranian regime globally banned any and all transaction and transfer of cryptocurrency and along with that of in gold. In July 2018, President Hassan Rouhani's administration declared its intention of launching a national crypto