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Iran's CB Takes Cautious Approach to Crypto

Iran's CB Takes Cautious Approach to Crypto
Iran's CB Takes Cautious Approach to Crypto

The Central Bank of Iran said Tuesday it is no hurry to announce new procedures for cryptocurrency exchanges.
"Contrary to recent claims, the central bank is focused on a roadmap for managing the cryptocurrency market in collaboration with state institutions, including the High Council of Cyberspace," said the governor, Abdolnasser Hemmati, the CBI website reported.
"The crypto issue is multidimensional and demands effective planning. I believe that decisions must be made in harmony with the beneficiaries."
Earlier in March and following the government’s stringent anti-money laundering measures the CBI ordered Shaparak, the local payment settlement network, to block online payment gateways owned by crypto exchange websites.

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