Hassan Rouhani: All Muslim Regions Should Utilize a Single Cryptocurrency

Hassan Rouhani – the president of Iran – has suggested that all Muslim nations should come together and utilize a single cryptocurrency as a means of standing against U.S. sanctions and “manipulation.” He also suggested that relationships built through cryptocurrencies could potentially bring all participating nations closer together.

Rouhani: Crypto Can Unite Us All

Rouhani spoke at a recent summit in Kuala Lumpur – the capital of Malaysia – and commented:

In the past, Prime Minister Tun Dr. Mahathir Mohamad was seeking to introduce the [gold] dinar and today, with new technologies, we would be able to set up a new currency for the Muslim world to benefit and take profit from the advantages of cryptocurrency and to support innovation, research and development in the technology sector.

Surprisingly, Dr. Mahathir seems to agree with Iran’s president, claiming that the country of Malaysia was far too dependent on the U.S. dollar, which was stifling his country’s economic…