IRAN: Proposed Bill Could Ban All Foreign-Mined Crypto
- The Iranian Parliament has drafted a bill that restricts crypto use and mining.
- The bill will make Iran’s central bank the chief regulator for crypto trade.
- In May, the Iranian President also banned mining for crypto until September.
The Iranian Parliament has just come out with a bill draft that aims to restrict the use of crypto within the country. The new bill also provides a legal framework for miners.
As per reports from the Tasnim News Agency, the bill is titled “Support for cryptocurrency mining and organizing the domestic market for exchanges.” The legislation will make Iran’s central bank the regulatory authority for the exchange of cryptocurrencies in t…
This article was first published on coinquora.com
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.