Iran Reportedly Bans Trading Of Bitcoin Mined Abroad

Iran Reportedly Bans Trading Of Bitcoin Mined Abroad

The Central Bank of Iran has reportedly banned its citizens from trading bitcoin mined outside of the country in an attempt to stop capital flight.According to an announcement shared by Iran International, the Central Bank of Iran (CBI) has banned its citizens from trading bitcoin and other cryptocurrencies mined in foreign countries.Fatemeh Fannizadeh, a Swiss qualified independent lawyer and advisor on blockchain technology and cryptocurrencies, believes this move by the CBI is an attempt to stop capital flight from Iran.“Crypto is already regulated in Iran … this just means that Iran....


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