Iran decided on the regulation of national cryptocurrencies


In Iran resulted in the development of the legislative framework for the future national cryptocurrency that plans to create the country’s President Hassan Rouhani.

The development of the bill was the national center of cyberspace, Iran. The Deputy head of the local Council on cyberspace said Mahdian noted that the President hoped through a national cryptocurrency to bypass the US sanctions.

He added that the General regulation of cryptocurrencies will be determined in the next month after the Central Bank to determine its position.

Currently, cryptocurrency circulation in the country forbidden: thus the authorities are trying to combat money laundering and the withdrawal of capital abroad, weakening the national economy.

Recall that the Iranian government may be implicated in the spread of virus software to extort cryptocurrency. This was reported by consulting firm Accenture after the study.

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