Iranian Students in UK Choose Bitcoin as US Sanctions Threaten Survival

The US sanctions against Iran have cut the global economic corridors for the Western Asian country. And the latest victims of this ongoing political mishap are students.

According to the Guardian, hundreds of Iranians students in the United Kingdom have been denied banking services. As a result, they are falling behind their payment dues, including their tuition fees. 23-year old Parsa Sadat, a law student at the University of Reading, for instance, has been told to either go to Iran and bring money in cash or face expulsion from his course.

“Even if the funds for the flight and fees can be raised, requiring Parsa to transport large amounts of cash within and from a country classified by the Foreign Office as a high-risk country, exposes the university to justifiable criticism,” said Mai Sato, an Associate Professor at Reading. “Parsa himself feels that carrying several thousand pounds in cash is dangerous.”

Students Opting Bitcoin

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