Which devices are left with the password to pass the currency password law?

Legislation in the cryptocurrency market, an issue that the speaker of parliament had required to legislate in a letter to the Central Bank and the Ministry of Economy in May last year.

The Governor of the Central Bank had also said in November 1400: the issue of cryptocurrencies must reach a conclusion in the country; For this reason, the Central Bank, in coordination with the parliament and using experts in this field, summarizes its issues.

It was April 6, according to the head of the Digital Economy Working Group, that a working group was to be formed in connection with legislation in the field of cryptocurrency. On April 16th, Mr. Reza Sadrabadi, the secretary of the working group on cryptocurrency, said: “This working group will not be formed due to parallel work with the digital economy coordination headquarters.”

The central bank threw the ball of legislation on the ground of the digital economy headquarters!

But according to members of the Digital Economy Working Group, the working group was formed behind closed doors. After the Iran Economist’s follow-up with the Central Bank regarding the regulation of the cryptocurrency market, Mr. Mostafa Ghamari Vafa, Public Relations Manager of the Central Bank, said: “All expert discussions have been held at the Central Bank and sent to the Digital Economy Coordination Headquarters for review and decision.” Is.

Mr. Mirtaj al-Dini, Deputy Chairman of the Program and Budget Commission of the Islamic Consultative Assembly, says: In previous years, the draft legislation in the Ramzarz market was presented by the members of the Eleventh Assembly, but did not reach a conclusion. Also, in the meetings that were held in this regard, the parliament has repeatedly emphasized on determining the task of the cryptocurrency market legally.

According to him, the main custodian of this legislation is the Central Bank, and then the Ministry of Energy, in cooperation with the Ministry of Silence, is responsible for providing the electricity needed by these industries by creating a power plant and submitting its instructions to the parliament; However, a plan has not yet been submitted to the Islamic Consultative Assembly by the government and the Central Bank, and the Central Bank, as one of the main custodians, does not have legislation on the cryptocurrency market on its agenda.

We are going to the responsible agencies and associations, which Mr. Ashtiani, the CEO of the Blockchain Association, says: The draft law on cryptocurrency market legislation has been drafted, but has not yet been submitted to the parliament.

Meanwhile, Mr. Mesbahi Moghaddam, Chairman of the Supreme Council of the Exchange Organization, said: “If the positive and negative aspects of the cryptocurrency market are examined by the Monetary and Credit Council and the Islamic Consultative Assembly, and after approval by the Guardian Council, transactions in the cryptocurrency market are not prohibited.” But this has not happened yet.

Delays in regulating the cryptocurrency market cause capital to leave the country

Mr. Omid Alavi, Chairman of the Board of Directors of the Blockchain Association, referring to these delays in the legislation of the cryptocurrency market, said: “Illegality in the cryptocurrency market causes profiteers abroad to withdraw funds in foreign currency and Rials by creating fake websites.” .

The non-approval of the law in the cryptocurrency market after 5 years has caused the investors who are unaware of this market to become its losers, says Col. Pashaei, the cultural and social deputy of FATA police.

According to him, about 12 to 15 million Iranians operate in this market. There are many cases of fraud in the foreign exchange market every day.

This delay in legislating the cryptocurrency market is while Mr. Salehabadi, the governor of the Central Bank, has announced the launch of the cryptocurrency from September this year.

Report by Sara Fazli