Iran may ban Bitcoin as a means of payment

Iran may ban Bitcoin as a means of payment

According to the draft report of the Central Bank of Iran, which became available to the media, the country"s central bank intends to prohibit the use of cryptocurrency as a means of payment.



The document of the central bank, entitled "Obligations and rules of cryptocurrency turnover", says that "any cryptocurrency wallets will be used exclusively for storing and moving cryptocurrencies, whereas the integration of any services with cryptocurrencies is prohibited."



If the rules come into force, the central bank will stop using cryptocurrencies as a means of payment. However, according to the document, the central financial department of Iran does not intend to prohibit citizens from storing or moving small amounts of “allowed” cry ...
Read more about "Iran may ban Bitcoin as a means of payment" on coinatory.com

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