Iran offered to Muslim countries to use cryptocurrency instead of the US dollar

President Iran Hasan Rukhani offered to create cryptocurrency for Muslim countries to use it for mutual settlements and trade instead of the US dollar.

At the summit in Malaysia, he stated that the Muslim world need to develop mechanisms for protection against the American financial regime and domination of the dollar. According to Hassan Rukhani, the United States uses economic sanctions to intimidate other countries, and the dollar as a hegemony tool.

This idea was supported by Prime Minister Malaysia Mahathir Mohamad, who said that in some cases the use of the American dollar could restrain economic development, but countries can use their own currencies or have one.

Although Turkish President Recep Tayyip Erdogan noted that Muslim countries must first focus on Islam’s financing, but suggested creating a working group to discuss details on this issue. Perhaps this is due to the fact that the plan for the economic development of Turkey approved in July is already

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