President Ebrahim Raisi has a constructive view about regulating cryptocurrencies, mentioned Mohsen Rezaei, the vice chairman for financial affairs, including that new rules 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 forex miners shall be given entry to energy at truthful charges…The foundations shall 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 present framework. It’s reportedly rewriting guidelines introduced by the previous administration through which mining digital forex was authorized and miners operated below guidelines mandated by the federal government.