bitcoin

President Rouhani seeks better awareness and legal framework to guide Crypto transactions in Iran

Iran President Hassan Rouhani has emphasized the need to preserve and protect the country’s interest as regards cryptocurrency.

While chairing the 231st meeting of the Cabinet’s Economic Coordination Board held on Tuesday, Dr Rouhani stressed the need to devout more “attention” to the legal and technical requirements of the crypto industry.

“Today, the economic intelligence program is a requirement and we must pay attention to the legal and technical requirements”.

President Hassan Rouhani called on the regulatory bodies to collaborate with the media in creating public awareness about cryptocurrency and the laws that guides it within the shores of Iran.

“The responsible agencies in the field of capital markets should cooperate with the media and cyberspace in the field of information, education and public awareness about this phenomenon and its instructions and laws”.

He also touched on the issue of ” legalising the activity of cryptocurrencies”

“For legalising the activity of cryptocurrencies and protecting people’s capital in this area, we must think of a solution as soon as possible and lay down and communicate the necessary laws and instructions”.

The President maintains that mining activities remain prohibited until September.

Next: Europol, FBI, others recover Money and Crypto worth $48M

About Godwin

Godwin is a multi-faceted writer. He covers the latest and most significant news in the crypto industry for Newsbsc. Aside from his work here, he writes exceptional SEO optimized web contents for other websites in different sectors.

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