In recent news, Iran and Russia have announced a partnership with Finex, a blockchain-based financial platform, to enable trade between the two countries using cryptocurrency and blockchain technology. This is a major development in the world of international finance, as it marks the first time that two major nations have come together to use cryptocurrency and blockchain technology to facilitate trade.

The partnership between Iran and Russia is part of a larger effort to create a more efficient and secure way to conduct international trade. By using cryptocurrency and blockchain technology, both countries can benefit from faster and cheaper transactions, as well as increased transparency and security. This is especially important for Iran, which has been subject to economic sanctions by the United States and other countries. The use of cryptocurrency and blockchain technology will allow Iran to bypass these sanctions and conduct business with other countries without fear of interference.

The partnership between Iran and Russia is also a sign of the growing acceptance of cryptocurrency and blockchain technology in the world of international finance. As more countries begin to adopt these technologies, it is likely that more partnerships like this one will be formed. This could lead to an increase in the number of countries that are able to conduct international trade using cryptocurrency and blockchain technology, which would be beneficial for both countries involved.

Overall, the partnership between Iran and Russia is an important step forward in the world of international finance. By utilizing cryptocurrency and blockchain technology, both countries can benefit from faster and cheaper transactions, as well as increased transparency and security. This could open up new opportunities for both countries, and could lead to more partnerships between other countries in the future.