Iranian Media: Malaysian Prime Minister Endorses Iran's Proposal to Replace USD with Cryptocurrency

According to Iranian media ifpnews, Malaysian Prime Minister Mahathir Mohamad has agreed with Iran's proposal to replace the US dollar with a cryptocurrency. After a roundtable discussion at the 2019 Kuala Lumpur Summit in the Malaysian capital on Thursday, Mahathir told reporters: "This is the first time we have heard such words-Iran and Turkey believe that we should use a currency that replaces the US dollar. ….. We can use our own currency, or we can use a common currency … Sometimes when we use the US dollar, it seems that we will be sanctioned to curb economic development. " Muslim countries create a cryptocurrency to replace the US dollar. Rouhani believes that the Muslim world should take steps "to get rid of the dollar and the US financial system."