President Ebrahim Raisi has a optimistic view about regulating cryptocurrencies, mentioned Mohsen Rezaei, the vp for financial affairs, including that new laws can be finalized by April.
“The federal government is in favor of regulating cryptocurrencies. Companies on this sector must uphold transparently and pay tax. Digital foreign money miners might be given entry to energy at honest charges…The foundations might be finalized by the Cupboard in 4 months,” YJC quoted him as saying.
The federal government has a plan of motion to control cryptocurrency mining and handle deficiencies within the current framework. It’s reportedly rewriting guidelines introduced by the previous administration during which mining digital foreign money was authorized and miners operated underneath guidelines mandated by the federal government.