His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,” the pilot phase of which should start in the near future.Cryptocurrencies like bitcoin will not be treated as legal tender in the Islamic Republic of Iran.
“So, we will by no means have any regulations recognizing payments with cryptocurrencies that do not belong to us,” Bagheri Asl elaborated, quoted by the Iranian financial news portal Way2pay. “Iran has its own national cryptocurrency, so no payments will be made with non-national cryptocurrencies,” he insisted.
The deputy minister added that in order to prevent risks for the Iranian citizens, digital asset exchange in the country will be subject to a set of rules similar to those that apply to the stock market and other currencies. “Cryptocurrencies must be regulated and banking systems must be observed,” he added.
The Central Bank of Iran has recently informed banks and other credit institutions about regulations related to the “crypto rial,” which has been under development for some time. They apply to the minting and distribution of the central bank digital currency . The CBI will be its sole issuer and will determine the maximum supply.
According to Way2pay, the digital currency is based on a distributed ledger system that will be maintained by authorized financial institutions and capable of implementing smart contracts. The infrastructure and the guidelines for the CBDC have been finalized and it will beThe crypto rial will be issued under the legal provisions governing the emission of banknotes and coins, the report noted.
Iranian government is a joke after all hahaha Rial Bitcoin
Interesting news. Will there be more new rules?
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Hahahah 3B per year from crypto and they will not allow?
I thought there would be good news that they started with BTC and USDT, but no. Nothing at all.
It is obvious that an increasing number of countries are switching to the use of digital assets. But I would prefer to be able to use Bitcoin and Tether.
Although already a 'professional' travel addict,
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What is your opinion about the current Bitcoin state, since its Fear and Greed Index is 50 - NEUTRAL, with price of 39974.626209700028 usd? Our analytical team has done extended research regarding BTC, but we want to hear your opinion also.
Worse for Iran, even Tether would already change a lot for the people of Iran.
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Other worldly forces beyond their immediate imagination control these goons! Crypto is probably against their idiotic theologies!
F…. Of iran the Iran people These are starving to death they are nothing to play any role in Cryptocurrency
Well, it is your choice to be behind from all of these innovations, convenience and easy economic progress.
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Two fingers to Iran frfr
They can't afford the power that's why.
As a means of payment folks... They didn't ban it, is it ?
تا زمانیکه علوم بی منطق هفتگانه ی جاهلیت تحمیلی و هویت دروغین من منیت مندرآوردی و جعلیات تشگیلات و حکومت جاهلیت فاشیسم شئونیزم فارسی ایرانشهری شرکای اشرار فرقه فارسیسم اشغالگر ایران در ایران حاکمست همچنان جاهلانه حکمرانی میکند هرگز قابل اعتماد نیست اعتبار ندارد.
Translation - We busy stacking'
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کی گفته این خبر دروغه ایران ارز دیجیتال قبول داره و چند ساله داره تحریمها رو با بیت کوئین دور میزنه Saitama saitama SaitaMask Saitama saitama SaitaMask Saitama saitama SaitaMask Saitama saitama
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What do you think about the current Bitcoin state, since its Fear and Greed Index is 50 - NEUTRAL at the moment, with price of 39607.652839190703 usd? Our analytical team has done a detailed analysis regarding BTC, but we want to hear your opinion too.
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The scenario of Bitcoin going to zero does not exist anymore. BTC is playing much the same role as gold did in the early days of banking. You all should Follow Tz4hol she knows her stuff when it comes to BTC and other Cryptos, her tweet have been really helpful over the years
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