Central Bank of Iran Prohibits Banks From Crypto Operations
April 23, 2018
Concerns about the use of cryptocurrencies by criminals for money laundering forced Central Bank of the Islamic Republic of Iran to prohibit all local banks from carrying out digital currencies transactions. The following message was published on the official website of the agency.
The attitude of Iran towards cryptocurrency has been worsening over past months. In October Deputy Head of the Ministry of Information and Communication Technologies Amir Hossein Davai
The circular of the central bank says:
"Banks, credit institutions and currency exchanges should avoid selling and buying digital currencies, as well the promotion of them."
At the beginning of the month similar measures were taken in India, where the central bank