LAUNCHES LOCAL REGULATED

Last updated: June 16, 2025, 14:08  |  Written by: Cameron Winklevoss

Launches Local Regulated
Launches Local Regulated

Tehran

TEHRAN (Tasnim) - In tandem with the BRICS philosophy, Iraq banned eight of its banks from initiating transactions in the US dollar, so ditching US dollar from the global

Ahead of Joining BRICS, Iraq Issues Ban on U.S. Dollar

Five Iraqi banks to be banned from U.S. dollar transactions - sources

Iraq Implements BRICS Strategy: Bans U.S. Dollar

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Iraq bans US dollar transactions, promotes use of local

Iraq Has Prohibited Eight Banks

Iraq has prohibited eight banks from conducting transactions in U.S. dollars, in what could be seen as a move to implement the BRICS policy. Iraq is intensifying its restrictions

BRICS: List of 8 banks Prohibited From Transacting in US Dollar

The development comes a week after Iraq announced a ban on all cash withdrawals in the US dollar. The rule will come into effect on Jan. 1, 2025, as Iraq’s Central Bank

BRICS: Iraq Bans U.S. Dollar, Egypt Ditches USD

BRICS: 8 Banks Ban U.S. Dollar Transactions - Watcher

Eight Iraqi Banks Ban US Dollar Transactions: Report

Dubai

DUBAI/BAGHDAD - Iraq's central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury

Cameron Winklevoss can be reached at [email protected].

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