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Jan. 30, 2019
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The Central Bank of Iran has presented an early regulation draft on cryptocurrencies, the news agency Al Jazeera reports.

The presented draft, according to Al Jazeera, recognizes and authorizes cryptocurrencies like bitcoin, central bank digital assets and so on. The bank reportedly authorizes initial coin offering (ICO), digital wallets, crypto exchanges, and mining operations even though it’s still keeping the ban of crypto payments.

"Using global cryptocurrencies as methods of payment inside the country is prohibited," Al Jazeera cites bank’s statement.

In addition, Iranians may hold in cryptos not more than 10,000 euros.

Earlier, Secretary of Criminal Content Definition Task Force, Javad Javidnia, said that any cooperation with the Telegram’s upcoming crypto Gram in Iran will be classified as "a disruption to the national economy."

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