Crypto CEOs Discuss Hurdles With Raisi

Cryptocurrency business leaders discussed the challenges and roadblock’s they face with President Ebrahim Raisi in a meeting last week. 
The meeting was held to discuss the views and concerns of the crypto industry players and address the potential benefits of digital currencies, regulatory challenges, and crypto opportunities for the digital economy. 
Amir Hossein Rada, CEO of Nobitex, a major cryptocurrency exchange, talked about the many challenges crypto companies have been grappling with. He emphasized the need for clear laws and regulations, the lack of which he said is one of the biggest challenges. Rada noted that the lack of regulations had led to the “emergence of harmful actors” in the industry and skepticism from decision-makers. 
“Companies and industry players need to be more proactive in addressing crypto challenges as the regulatory delays have indeed created the foremost difficulties for their operations. Such delays have undermined competitiveness and opportunities in international markets.”