According to ArzDigital, Gholam Hossein Mozaffari, CEO of the Kish Free Zone Organization, hopes that the Iranian government will approve a proposal to use crypto funds, such as Bitcoin (BTC), to pay for car imports on Kish Island in Iran.
The decision will fall to the Central Bank of Iran, who has said in the past that this type of funding would not be possible due to the hyperinflation of the rial — the nation’s currency.