Post
Topic
Board Speculation
Re: Why BTC rates in Iran is so high
by
figmentofmyass
on 09/09/2018, 08:17:47 UTC
my title is the question and I am wondering if i can sell bitcoin to the people in Iran via Local Bitcoin . If not , please give me a reason

what country are you in? in the USA and several other countries, doing business with iranians is prohibited due to the ongoing economic sanctions. and the penalties for violating sanctions are very steep: fines up to $1 million and up to 20 years in prison for each violation. i would avoid getting involved with this if i were you. Wink

it also seems like there is indeed a premium for BTC in iran, but it's much smaller than originally reported.