SearchIran’s Authorities Plan to Regulate Actions with Bitcoin

Iran’s Authorities Plan to Regulate Actions with Bitcoin...
coinidol.com 17/06/2017 Internet-IT

Keywords:#Bitcoin, #Central_Bank, #Central_Bank_of_Iran, #Iran, #Majlis

The authorities of Iran are concerned about the wide spread of cryptocurrencies, including Bitcoin, and plan to define its regulation in the next four months.
The National Center for Cyberspace (NCC) of Iran has already sent its draft proposal for the regulation of digital currencies in the country. According to the report, this draft proposal was prepared with help of studies conducted by the Central Bank of Iran, the Majlis Research Center, the Security and Exchange Organization, the Telecoms Ministry and the police department of Iran.
Saeid Mahdavioon, the deputy for regulation at the National Center for Cyberspace, commented:
“We had come up with five scenarios for regulating digital currencies in Iran ... NCC’s Commission for Regulations has favored a scenario that focuses on taking a lawful approach to make the best use of digital currencies.”
Mahdavioon noted that local police consider transactions with bitcoin illegal; however, to date there is no regulation covering cryptocurrencies and the police has legal mandate to fight with cryptocurrency-related actions.
The proposal over a new regulation is set to be passed by the High Council of Cyberspace in the next four months.
---The authorities of Iran are concerned about the wide spread of cryptocurrencies, including Bitcoin, and plan to define its regulation in the next four months. ---
...

Read more from Source »

Related articles based on keyword density
IMF Staff Completes 2016 Article IV Mission to Islamic Republic of Ira...
imf.org 20/12/2016 Economy
December 19, 2016 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The...View Details»

GLOBAL TOP 1000 WEBSITES 2016 – Ratak IT...
ratak.ir 16/03/2017 News
Ratak introduces global Top Websites of 2016 Data for table Top201702 1 1host2u.ir 1host2u.ir,Abarkooh,Armenia,Bahram 2,Bahram 3,Britain,Caesar,Carus,...View Details»

Sushma asks Iran to give Farzad-B gas field development to India | Bus...
business-standard.com 29/12/2015 Economy
Also expresses India's desire to participate in other oil and gas exploration projects in Iran BS Reporter | New Delhi December 29, 2015 Last Upda...View Details»

Why Iran can't rely on oil to rescue economy: IMF...
cnbc.com 17/05/2016 Economy
By Holly Ellyatt | @HollyEllyatt Assistant Producer, CNBC.com Following the lifting of international sanctions, Iran has high hopes that its oil ind...View Details»

Sanctions No Excuse for Denying Bank Services to Domestic Firms ...
financialtribune.com 08/09/2016 Politics
Iranian banks can only provide (or choose not to provide) clients with banking services based on the laws and regulations of the country, but are not ...View Details»


EOF