Iran open to the idea of legalizing crypto, says president By BTC Peers – Investing.com
- Date: 11-Jun-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Iran open to the idea of legalizing crypto, says president By BTC Peers – Investing.com
Cryptocurrencies may soon be legalized in Iran, President Hassan Rouhani said during an Economic Coordination Board meeting.
Although Iran has not implemented any regulatory restrictions or structure for cryptos in the past, last year laws were passed to allow the use of for imports. More recently, the country issued a temporary ban on Bitcoin mining operations until September 22, for fears of blackouts during its peak electricity demand season.
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