February 04, 2023 11:57

Renewed Majlis Call for Reforming Crypto Rules

A recent report by the central bank shows that cryptocurrency-related transactions amounted to 85 trillion rials ($197.6 million) in the second quarter of current fiscal year that ends in March

Parliament has again called for developing comprehensive regulations for cryptocurrency trade.
Speaking at a meeting with representatives from the Central Bank of Iran and ministries related to cryptos, Ali Khezrian, the speaker of the Majlis Article 90 Commission, referred to the increase in crypto-related transactions in recent months and expressed the parliament's readiness to cooperate in crafting regulations with the help of relevant bodies.
"A recent report by the central bank shows that cryptocurrency-related deals reached 85 trillion rials ($197.6 million) in the second quarter of current fiscal year…Any hesitation in this regard could lead to major economic challenges," way2pay website quoted the MP as saying.

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Cryptocurrencies in Iran