Business And Markets
0

SEO Chief: Capital Market Avoiding Cryptocurrency, for Now

SEO Chief: Capital Market Avoiding Cryptocurrency, for Now
SEO Chief: Capital Market Avoiding Cryptocurrency, for Now

Iran's Securities and Exchange Organization has no plan for hosting cryptocurrency trade in the capital market, head of the organization said.
"The SEO [so far] does not have plans for the entry of cryptos in the stock market. However, we will look at the issue if the Central Bank of Iran regulates cryptocurrencies," Mohammad Ali Dehqan was quoted as saying by IBENA.
"Government rules regarding the mining of cryptocurrencies is the only regulation about cryptos. Use of the mined cryptocurrency by the people is what the CBI should be dealing with," Dehqan said.
The CBI has made no announcement about the usage of cryptocurrencies, therefore at this stage there is no possibility of the digital currency trade in the capital market, the ISEO official added.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com