Cryptocurrency transactions on the path to legalization

The conditions for obtaining a payment gateway for cryptocurrency brokers (cryptocurrency exchange platforms) have been announced.

According to the Central Bank, Shaparak Company, based on the instructions of the Central Bank, has announced the conditions for obtaining a payment gateway for cryptocurrency brokers (cryptocurrency exchange platforms).

In correspondence between Shaparak Company and the Iranian Computer Trade Organization, along with the technical and operational details required, the conditions for obtaining a payment gateway in the field of cryptocurrencies (cryptocurrencies) have been communicated. The importance of effectively informing all active businesses in the cryptocurrency sector about this matter has been emphasized to the Trade Organization.

This initiative by the Central Bank aims to effectively regulate and strengthen oversight mechanisms for cryptocurrency brokers (cryptocurrency exchange platforms), grounded in the explicit authorities granted by the new Central Bank law.

It is noteworthy that, according to the Central Bank, failure by cryptocurrency brokers to comply with the mentioned conditions will lead to legal actions, including judicial measures against violators, pursued through the judicial authorities.