Iranian Authorities Disagree on Whether Bitcoin Is Legal

The crypto community in Iran is still riding a roller coaster as the country seeks to bring its economy forward. Even though the country has expressed its interest in digital assets, enthusiasts cannot be very optimistic yet.

According to recent statements by Nasser Hakimi, who serves as the deputy governor for new technologies at the Central Bank of Iran, crypto trading is illegal and banned by the government.

In an interview with the Iranian agency Tasnim News, Mr. Hakimi explained that the recent spike in the popularity of cryptocurrencies in Iran could be potentially dangerous for citizens because of their volatility – let alone the legal risks associated with their use.


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