A token of the virtual currency Bitcoin is seen placed on a monitor that displays binary digits in this illustration picture, December 8, 2017. REUTERS/Dado Ruvic
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Iran's central bank prohibited domestic financial institutions from handling virtual currencies, citing money laundering concerns, as it seeks to ramp up control over the nation's currency markets.In Iran, the central bank had in recent months asked Iranians to avoid turning to cryptocurrencies including Bitcoin, describing them as "unreliable".Iran unified its official and unregulated rates earlier this month to avert a free fall of its national currency, which breached 60,000 to the U.S. dollar.
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