Tehran (IP) - The Governor of the Central Bank of Iran (CBI), referring to the idea of a single unified cryptocurrency for Muslim countries, said the Islamic Republic had the necessary platform to use Muslim cryptocurrency.

Iran Press/Iran news: Abdolnaser Hemmati has emphasized that four Islamic countries of Iran, Turkey, Malaysia and Qatar will soon implement a proposal made by the Iranian president in the Muslim leaders' summit in Kuala Lumpur, Malaysia.

Hemmati, in an interview with Iran Press, praised the proposal for a single unified cryptocurrency for Muslim countries, saying the four countries want to avoid using the US dollar in their trade and business transactions, and that Iran is ready to implement the proposal.

Hemmati also said the Central Banks of the four countries (Iran, Turkey, Qatar, and Malaysia) are closely involved in the scheme, and that if it is a success, the US dollar will be eliminated from trade between the four Muslim countries, and other Islamic nations may well join the scheme later on. 101/211

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