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title: "[Published February 2019] "Last month, US lawmakers introduced bills…"
date: 2019-05-15
source: facebook
type: Archer T. Ships shared a link.
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# [Published February 2019] "Last month, US lawmakers introduced bills…

*May 15, 2019 · Facebook*

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[https://www.coindesk.com/gold-backed-cryptocurrency-launched-by-iranian-banks-report?amp](https://www.coindesk.com/gold-backed-cryptocurrency-launched-by-iranian-banks-report?amp){target="_blank"}
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\[Published February 2019\]\
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\"Last month, US lawmakers introduced bills against Iran's efforts to create a sovereign cryptocurrency.\
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Portions of the Blocking Iran Illicit Finance Act, introduced by Rep. Mike Gallagher (R-Wisc.), called for an investigation into Iran's crypto efforts. A corresponding bill was submitted in the Senate by Sen. Ted Cruz (R-Texas). The proposals call for sanctions against those who knowingly provide Iran with funding, services or "technological support, used in connection with the development of Iranian digital currency."\"\
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[https://www.coindesk.com/gold-backed-cryptocurrency-launched-by-iranian-banks-report?amp](https://www.coindesk.com/gold-backed-cryptocurrency-launched-by-iranian-banks-report?amp){target="_blank"}
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