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Simon Dixon: Iran uses Bitcoin to bypass SWIFT and Lloyds of London

Simon Dixon: Iran uses Bitcoin to bypass SWIFT and Lloyds of London
Iran turns to Bitcoin for payments

Simon Dixon, chief executive officer at BankToTheFuture, discusses how Iran is utilizing Bitcoin to bypass SWIFT and Lloyds of London.

Dixon's remarks highlight ongoing trends in the use of cryptocurrencies for circumventing traditional financial systems.

Dixon previously reflected on his early involvement in Bitcoin, including investing in firms like Coinbase and attending industry conferences, in a prior article. He has also commented on the U.S. Federal Reserve's rising Treasury holdings, noting a $237 billion increase since December, in a separate report. His latest remarks on Iran add to his observations on global financial trends and digital assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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