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Iran Has a Bitcoin Strategy to Beat Trump’s Maximum Pressure

The government and people have significantly used Bitcoin for evading legal barriers. Keeping all this in view, the cryptocurrency industry has proved to be more active than those who imposed the sanctions.

The Iranian government had an interest in using cryptocurrency for their international trade other than the traditional system followed by the banks. For this sake, President Hassan Rouhani’s administration, in July 2008, declared its plans of launching a national cryptocurrency. 

A month later, to that declaration, multiple features were outlined for the national cryptocurrency. It was also disclosed that the cryptocurrency would be backed by Iran’s original currency ‘Rial’. Many other features were also revealed when the digital payments conference took place by the central bank last year. 

Iranian public is already excited to use cryptocurrency, which has gained a lot of popularity among them. In the interview, some people even mentioned that Bitcoin is the only way to receive or send money out of Iran. Meanwhile, crypto mining has also become famous and significant there. People are making money by crypto mining, and bitcoin miners are increasing in number day by day. As the cheap electricity was abused in August 2019, recognized mining will be considered as a legal sector in Iran’s economy, a regulation issued by the cabinet clarified it. 

Note: As the people of Iran have made a lot of money by cryptocurrency mining, you can also go through pepperstone review or roboforex review to learn about this industry and take advantage during this pandemic. Bitcoin is beneficial for international trades and earning money. 

Iran has been attracting other countries’ interest in collaborations through blockchain platforms. However, it will be wrong to stay that Iran’s initiative is or ever was obstacle-free. Regardless of this, it is on the path of capturing a good trade by using cryptocurrency. Anonymous users are steadily decreasing as the formal method of customer identification is working appropriately, which is “Know Your Customer”. This compliance is rising globally. 

Despite the challenges that appear in the way of implementing the usage of cryptocurrency for transactions, Iran is willing to turn the tides in her favor by enhancing new possibilities in order to evade sanctions. One of such significant developments is to originate a central bank digital currency. The other one is decentralized finance (DeFi). This is a huge favor for the Iranian government as the increasing class of cryptocurrency activities are aiming to provide financial services inclusive of traditional banking systems, trading without intermediaries and lending. For instance, the inflation rate has been increasing rapidly in Iran, but by the use of DeFi, it is able to borrow funds from the global markets at lower rates compared to that being offered inside the country. 

Moreover, leveraging decentralized exchanges are also helpful in converting the cryptocurrency to fiat by using the channels that are uncontrollable by anyone outside of the country. As far as the industry side is concerned, DeFi community has to stay alert because of the transparency as blockchains simply record all the transactions, which can be further analyzed in doubtful scenarios. To maintain security, many of the service providers undertake multiple checks to limit the illegal activities from their end, and also make their best effort to avoid the noncompliance with regulations.

Therefore, Iran has realized that usage of cryptocurrency is one of the major methods to challenge the dominating factor of The United States on financial architecture. This is an opportunity for Iran to become strong and access the global market by using cryptocurrency. There might be a few holes in the regulations, but they can be fulfilled by the government and the people of Iran. 

Iran Ready for Full Prisoner Swap with US: Spokesman

Iran Says It’s Time for US Gov’t to Set Aside Obstinacy

Speaking at a weekly press conference on Monday, Rabiei said the responsibility for any delay in the exchange of Iranian and American inmates lies with Washington alone, as Tehran has already voiced readiness to conduct a full prisoner swap.

“Last week, we had a prisoner swap with the administration of the United States of America, an exchange of our prisoners -the dear Iranians- and the individuals who had committed crimes in Iran. It was good news that we managed to liberate three perfect Iranian scientists who have made great efforts to remove the scientific obstacles in the way of our country,” he noted.

“Dr. Soleimani, Dr. Taheri, and Dr. Asgari have either returned to Tehran or are on their way to Tehran. We hope that such process of complete release of all Iranians imprisoned in the US would continue. And as we have repeatedly announced, Iran is fully prepared for the exchange of all prisoners, and the responsibility for such procrastination lies with the government of the United States of America,” Rabiei added.

Asked about Iran’s view about the upcoming presidential elections in the US, the spokesman said, “We have nothing to do with the domestic elections in the US. We make decisions according to our own national interests. It depends on the polices of Mr. Trump’s administration when to show violence and when to exercise leniency. We neither feel fear for their display of violence, nor do we care about their window dressing policy.”

“We have nothing to do with the domestic issues of the US elections. The issues about the US elections are that country’s internal matters. We act according to our own national interests, and will definitely make decisions considering the US’s behaviors that run counter to the customary international law, regardless of their domestic issues. We do not intend to make a decision depending on who will be elected (US president), rather, we care about the national interests,” he added.

“Nevertheless, we do not see any sign of these tweets being genuine. The US administration’s willingness for serious and fruitful negotiations would have signs, which are not evident in the tweets and in such affairs. We have already announced that if the US is eager to hold talks with Iran, it can return to these talks with the presence of the remaining parties to the JCPOA by returning to the negotiating table it has once left,” Rabiei stated.

On the US administration’s push for direct talks and new deal with Iran, the spokesman said, “We are not optimistic that Mr. Trump’s invitation to negotiation and a deal would be anything more than a political show. The US administration also knows what it ought to do to achieve the appropriate conditions for any successful diplomacy towards Iran. They themselves are aware of it, and we have repeatedly made it clear. Throughout the past years, our trust in the (US) sincerity and seriousness and also in the fruitfulness of negotiation has been eroded. In order to build it (the trust), they (the US) must reconstruct whatever they have destroyed unilaterally.”

“We will make the necessary decisions on the basis of our national interests according to the conditions we mentioned. We also believe that their (American) threat to (propose) a resolution in the (UN) Security Council is a violation of the (UNSC) resolution 2231. We also do not recognize any right to extend the arms embargo against Iran. I make it clear that any political abuse by the US or any other country in the Security Council for changing the timeline for the resolution will have dire consequences; and the US and its cohorts will have to take overall responsibility for it,” he warned, referring to a resolution the US has drafted to extend a UN arms embargo on Iran that will expire in October under the Joint Comprehensive Plan of Action (JCPOA).

Iran Leader Praises Crew of Tankers That Delivered Fuel to Venezuela

Venezuela’s Special Envoy Lauds Iran for Fuel Shipments

Ayatollah Khamenei on Monday hailed the captains and crew of the Iranian oil tankers that carried fuel shipments to Venezuela.

“You did a great job. Your move was a jihadi one. You brought glory to the country,” Ayatollah Khamenei told the sailors in his message.

The Leader also wished the crew of the oil tankers success.

In May, five Iranian oil tankers carried gasoline to Venezuela in defiance of the US sanctions.

Although the US had threatened to block the delivery and had even deployed a naval flotilla to the Caribbean Sea, the Iranian oil tankers sailed across the Caribbean and delivered the fuel to Venezuelan ports.

Analysts believe Iran’s gesture of solidarity will strengthen diplomatic relations and trade agreements between the two countries.

A Look at Iranian Newspaper Front Pages on June 8

Iran Newspaper Headlines

Aftab-e Yazd Newspaper:

1- Justin Trudeau’s Reaction to US Protests Sparks Human Rights Groups’ Criticism

2- Nightmare of Homelessness: Growing Prices of Buying, Renting House Causing Trouble for Many Iranian Families

3- Downgrade Your Ties with Iran: Saudis’ Condition for Improvement of Qatar’s Ties with 4 Arab States

A Look at Iranian Newspaper Front Pages on June 8


 

Donya-ye Eqtesad Newspaper:

1- Biggest Protest Rally in Front of White House

A Look at Iranian Newspaper Front Pages on June 8


 

Ebtekar Newspaper:

1- Rouhani: Gov’t Doing Its Best to Prevent Low-Income Families from Suffering Serious Harm

2- Former Judiciary Chief’s Top Aide Akbar Tabari Stands Trial for Corruption

3- Harirud Incident Result of Illegal Trespassing: Iran to Afghanistan

A Look at Iranian Newspaper Front Pages on June 8


 

Ettela’at Newspaper:

1- Iranian Officials, Resistance Leaders Send Messages of Condolences over Ramadan Abdullah’s Death

2- Anti-Racism Protests Spread to 650 US Cities

A Look at Iranian Newspaper Front Pages on June 8


 

Hamshahri Newspaper:

1- Water Finally Being Supplied to Gheyzaniyeh in Khuzestan

* First Phase of Water Supply Inaugurated

A Look at Iranian Newspaper Front Pages on June 8


 

Iran Newspaper:

1- Rouhani Outlines Four Solutions to End Poverty

A Look at Iranian Newspaper Front Pages on June 8


 

Javan Newspaper:

1- Judiciary Official Charged with Bribery Stands Trial

A Look at Iranian Newspaper Front Pages on June 8


 

Kayhan Newspaper:

1- Judiciary Trying Its Own Staff

2- US Seized by Protesters: Trump Regime on Verge of Collapse

3- Coronavirus Killed 400,000, Infected 7 Million in 6 Months

4- Bibi, Gantz to Form Separate Security Cabinets to Counter Iran

A Look at Iranian Newspaper Front Pages on June 8


 

Khorasan Newspaper:

1- Judiciary against Network of Judicial Corruption

2- Tabari’s Trial, Turning Point in Judiciary’s New Era

A Look at Iranian Newspaper Front Pages on June 8


 

Mardom Salari Newspaper:

1- Iran Ranks 7th in Global COVID-19 Fatalities

2- Iranian Judiciary Official Had Received Super-Luxury Mansion to Exonerate a Convict

A Look at Iranian Newspaper Front Pages on June 8


 

Shahrvand Newspaper:

1- Akbar Tabari Stands Trial for 20-Year Corruption in Judiciary

2- Law on Support for Children, Young Adults Endorsed by Guardian Council after 9 Years

A Look at Iranian Newspaper Front Pages on June 8


 

Shargh Newspaper:

1- Trying the Man in the Shadow

* Tabari’s First Trial Held in Tehran

2- Turkey Seeking to Increase Iran’s Share in Burden of Kurdish Tension

A Look at Iranian Newspaper Front Pages on June 8

Media Playing Key Role in Psychological War with Enemies: Iranian Minister

Media Playing Key Role in Psychological War with Enemies: Iranian Minister

Addressing a ceremony on the inauguration of new director of the Islamic Republic News Agency (IRNA) on Sunday, the Minister of Culture said the local news media play a significant role in the current delicate conditions.

“Today, Iran is engaged in various battles,” Salehi noted, pointing to the economic war that the enemies have mounted to exert more pressure on Iran and the psychological warfare the foes have waged to foment disappointment and division in Iran.

“A news agency like IRNA has a difficult duty in such junctures,” the minister added.

Salehi further touched on the great responsibility that the Iranian news agencies have taken for dealing with the security wars and the biological warfare, and in handling the situation in the natural disasters, including the outbreak of the coronavirus.

Apart from performing the duty to build trust and create hope in the society, the media must exhibit the potential for social repair, the minister added, noting, “At some points, when we think that everything is over, the power of social repair has turned everything around.”

He finally pointed to the bright prospect for growth in IRNA, saying, “Today, the media has closer connections with technology, and it’s not possible anymore to compensate for technological underdevelopment easily.”

IRNA is the official news agency of the Islamic Republic of Iran. The agency has dozens of offices in the foreign countries.

Iran’s COVID-19 Death Toll Rises to 8,350: Ministry

Iran's COVID-19 Death Toll Nears 14,000: Ministry

Speaking in his Monday press briefing, Kianoush Jahanpour confirmed 2,043 new cases of COVID-19 infection, raising the total number of cases to 173,832.

He said 136,360 patients have so far recovered from the disease, and been discharged from hospitals across the country.

2,619 patients are also in severe conditions of the disease, he added.
So far, Jahanpour noted, 1,040,289 COVID-19 tests have been taken in Iran.

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Iranian Firm Develops SMD Electronic Board Assembly Machine

Iranian Firm Develops SMD Electronic Board Assembly Machine

Maral Robot Sanat Company provides services to SMD board manufacturers by producing SMD board assembly machines with high speed and accuracy.

The company‘s CEO says foreign samples of all the products developed by this firm are being imported from other countries at high costs.

Ata Qader said if the use of Iranian-made products is institutionalised in the industries, the outflow of foreign exchange from the country will be significantly reduced.

All of the company’s products are made domestically, said Qader, noting that 15 local specialists are working for the company.

He also pointed to the tin paste printers developed by Maral Robot Sanat, saying, “The manual printer is an easy device to apply tin paste on electronic boards. Tin paste printing is an important process and the assembly machine must be carefully adjusted.”

The settings of this device are completely manual and rotating clamps are used to move the platform in the X and Y directions,” he said.

“Also, stencils of different sizes are fastened to the top frame using rotating clamps,” he added.

The tin paste printer also has a removable drawer for placing PCBs on magnetic clocks. In this case, it will be easier to install and replace the PCB. By moving and locking the clocks to the desired size, it is possible to print for boards of different sizes.

Maral Robot Sanat Company seeks to find a good market for its products by using leasing services and participating in domestic and foreign exhibitions offered by the Islamic Republic’s Vice Presidency for Science and Technology.

Palestinian Resistance Lost A Candid, Precious Element: Iran Leader

Palestinian Resistance Lost A Candid, Precious Element: Iran Leader

In a message on Monday, Ayatollah Khamenei sent his condolences to the Palestinian nation, to all sympathizers of the issue of Palestine, to the “devoted organization of Palestinian Islamic Jihad Movement”, and to the family of Ramadan Abdullah on the loss of the “hard-working and resisting brother”.

“The Palestinian resistance current has lost a very candid and precious element,” the Leader noted.

Ayatollah Khamenei also expressed hope that the strenuous efforts made by the competent successors following the path of figures like Fathi Shaqaqi and Ramadan Abdullah with the assistance of God would compensate for the loss.

The former head of the Palestinian Islamic Jihad movement died at age 62 in a hospital where he was receiving medical treatment.

Shalah was born in Gaza in 1958 and became the head of the movement in 1995 after the assassination of Fathi Shaqaqi.

Ziad al-Nakhala was chosen to lead the Palestinian Islamic Jihad Movement in 2018 because of Shalah’s illness.

‘Russia, China Unlikely to Veto US Bid to Extend Iran Arms Embargo’

Some ‘Russia, China Unlikely to Veto US Bid to Extend Iran Arms Embargo’

An article published by Iranian news website Khabar Online has referred to the latest developments surrounding a draft UN Security Council resolution that the US has proposed to extend the arms embargo on Iran before it expires in October, and has cited a brief analysis of the situation provided by Ahmad Bigdeli, an expert in international studies, to conclude that Russia and China will refrain from exercising their veto in favor of Iran.

However, what the article does not take into account is that if China supports the US move against Iran, it would contribute to the victory of Donald Trump in the November elections, and that is not what Beijing would desire considering Trump’s belligerent approach towards China.
The article also does not mention the current chaotic situation in the US, which is far from what Trump had promised in his presidential campaign, and may influence any global consensus in favour of Washington.
What follows is the full text of the article, originally written in Persian:

On Friday, June 5, US Ambassador to the UN Kelly Craft said she has shared a draft UN Security Council resolution with Russia that would extend the arms embargo on Iran indefinitely. Craft told a press briefing that she also shared the draft with the UK, France, Germany and Estonia and hopes to give the draft to the rest of the 15-member Security Council “pretty soon.”

The UN arms embargo on Iran expires on October 18 as per the UN Security Council Resolution 2231, which endorsed the 2015 nuclear deal with Tehran.

Brian Hook, the US State Department’s special representative on Iran, has publicly threatened that the US would trigger a so-called snapback mechanism for a return of all UN sanctions on Iran if the UN Security Council does not extend the arms embargo on Tehran.

Hook has also threatened that “one way or another” Washington would ensure the arms embargo remains.

According to the nuclear deal that Iran and six world powers signed in 2015, the arms embargo on Tehran will expire in October 2020 and the Islamic Republic will be able to purchase conventional weapons from the other countries afterwards.

The UN Security Council resolution drafted by the US would need nine votes in favour and no vetoes by Russia, China, the US, Britain or France to pass. Meanwhile, Russia has already announced that Moscow will oppose any US attempts to extend the arms embargo, which expires in October on the basis of the 2015 nuclear deal.

Hook has written in the Wall Street Journal, “If American diplomacy is frustrated by a veto, however, the US retains the right to renew the arms embargo by other means.”

Although resolution 2231, passed by the UN Security Council in 2015 to endorse the JCPOA, has terminated the provisions of the previous resolutions, it has left the door open for a reinstatement of the seven previous resolutions imposing sanctions on Iran.

The US withdrew from the nuclear deal with Iran in 2018, but it argues that it can initiate the snapback mechanism under the deal because the United States was a participant in the Iran nuclear deal and in the approval of the resolution 2231.

Russia has opposed such US argument. Russian UN Ambassador Vassily Nebenzia has recently denounced the US for arguing it can use the snapback mechanism, saying, “This is ridiculous. They are not members, they have no right to trigger.”

Over the past recent weeks, representatives of Russia at the UN and other international organizations in Vienna have repeatedly taken stances against an extension of the arms embargo on Iran. But what makes the Iranians have a mistrust of Russians?

A group of international observers believe that Russians are pursuing their own interests with the purpose of gaining more bargaining power vis-à-vis the US. Russians want to extract concessions from the United States on the issues relating to Ukraine and Syria, hoping that the European and the US sanctions against Russian would be lifted as soon as the negotiations between the two countries yield results. As Russia is negotiating with Israel and the US, it hopes that Iran’s role in Syria would diminish steadily, in the same way that it is after the closure of the bases of resistance forces and Hashd al-Shaabi in Iraq. The speculation about the regional developments suggests such Russian plans, but only time will prove how long the Russians will play a game with Iran’s card.

Others believe that China may also agree on the US draft resolution, because Trump is threatening China’s economy. These political and economic issues have overshadowed the upcoming meeting of the UN Security Council. The question that has arisen is what the final decision of the two Eastern powers will be.

In an interview with Khabar Online, Ahmad Bigdeli, a researcher of strategic issues, has commented on the prospect of Russian and Chinese support for the US-initiated resolution against Iran.

“China will very like not veto the resolution against Iran, because the Chinese won’t spend their cards on Iran. That’s because China is grappling and negotiating with the US over several issues, which would ultimately make China win concessions from the US with Iran’s card and back off. The other point is that China benefits from an Iran under sanctions and does not need the cheap Iranian energy for the moment. China might support Iran verbally and generally. It appears that this time the direct competition is between Iran and the US. If the US wins in the Security Council meeting, there will be a possibility of tensions and conflict between the two countries. That’s because the US is on the verge of holding elections and Iran hopes that Democrats would take the Oval Office. Therefore, Iran seeks to undermine Trump in the JCPOA issue to make him lose the election, so Trump has accelerated efforts to persuade Iran into holding talks in order to prevent Iran from achieving its objective,” Bigdeli said.

The analyst further pointed to Russian interference in the 2016 US presidential elections and Moscow’s plans to beat off China by bringing Trump to the White House, adding, “Trump has weakened China, and a weak China is much better than a superpower China for Russia, and it was only Trump who could restrict China vis-à-vis Russia. It is unlikely that these two countries (Russia and China) will vote in favor of Iran, as both of them benefit from Iran being sanctioned. Beijing and Moscow plan to align with each other to reduce Iran’s regional power and to enter construction and trade markets in Syria. On the other hand, China is also pursuing another objective in the tensions between Iran and the US, which is an escalation of tensions in the Persian Gulf. By refusing to support Iran, Beijing would be seeking to shift the focus of US attention from the South China Sea and Hong Kong to the Persian Gulf tensions. All in all, China is after the transition of center of tensions to the Middle East.”

On the reasons for such Chinese strategy, Bigdeli said, “At present, countries like China and Saudi Arabia have focused efforts on converting their capital into assets, because the coronavirus has sapped their economies and the markets and stock markets have crashed to some extent. As a result, China is worried about its assets in the US, and seeks to strengthen its financial position by sacrificing Iran. Accordingly, the continuation of tensions and crisis in the relations between Iran and the US will be perfectly suitable for and in the interests of China.”

In spite of a pessimistic view of the Russian and Chinese votes on a resolution extending the arms embargo on Iran, one should not forget that Iran’s conditions in the international arena have totally changed in the post-JCPOA era.

The US at present is far from the great America that Donald Trump had pledged to make in his election campaign. The US’ withdrawal from the nuclear deal has given Iran the upper hand. Moreover, China is extremely unlikely to leave Iran alone and refrain from vetoing the US-initiated resolution on the arms embargo extension, as such move will greatly help Donald Trump’s reelection, who will undoubtedly keep the tensions with China in place.

Iranian President Offers Condolences on Death of Former PIJ Chief

President Rouhani Invites Malaysian King to Visit Iran

In the message released on Sunday, President Rouhani paid tribute to the deceased for his lifetime devotion to the struggle with the Israeli regime.

What follows is the text of the president’s message:

“In the name of God, the Most Gracious, the Most Merciful;

The ones who have believed, emigrated and striven in the cause of Allah with their wealth and their lives are greater in rank in the sight of Allah . And it is those who are the attainers [of success]. [At-Tawbah: 20]

The grief at the passing away of the combatant of the path of freedom and the former secretary-general of the Palestinian Islamic Jihad Movement, Dr. Ramadan Abdullah, was greatly saddening.

The virtuous and hard-working devotee and intellectual in the arena of the fight against the usurper Zionist regime devoted his entire fruitful life to supporting and defending the cause of the oppressed people of Palestine and laid the foundation for lasting services in the history of that country’s struggles, which will glow like a beacon for the future generations in the arena of jihad and resistance.

I offer condolences to the noble Palestinian nation, the comrades, all jihadi Palestinian groups in that country and the honorable family of the deceased on the grief, and pray to Almighty God for the highest position for him (Abdullah) and his companionship with the martyrs of Palestine, and pray for patience and health for all relatives.”

The former head of the Palestinian Islamic Jihad movement died at age 62 in a hospital where he was receiving medical treatment.

Shalah was born in Gaza in 1958 and became the head of the movement in 1995 after the assassination of Fathi Shaqaqi.

Ziad al-Nakhala was chosen to lead the Palestinian Islamic Jihad Movement in 2018 because of Shalah’s illness.