Digital currency will be regulated and made official in Iran in the near future, said the secretary of Iran’s Supreme Council of Cyberspace.
Abolhassan Firouzabadi made the remark on the sidelines of the 24th Electronic, Computer and E-Commerce Exhibition (ELECOMP 2018) currently underway in Tehran, adding that the decision to this effect was taken during a session of the Supreme Council of Cyberspace on Saturday evening, Mehr News Agency reported.
“Decisions are pointing toward the launch of an official digital currency in Iran,” he noted.
“No decision has yet been taken about which digital currency should be made official in Iran, but it was decided that the Social Commission form a working group to discuss the launch of virtual currency exchanges, data analysis of digital currencies, and which currencies should be made legal in the country,” he said.
He added, “We are also planning to come up with a national and joint cryptocurrency for economic transactions with friendly countries. This issue will be discussed in the next session of the cyberspace council.”
Earlier, Alireza Daliri, the deputy head for management and investment affairs at the Directorate for Scientific and Technological Affairs of the Presidential Office, said a plan to create an indigenous cryptocurrency was already on the directorate’s agenda.
“We are trying to prepare the grounds for the use of domestic digital currency. This currency would facilitate the transfer of money (to and from) anywhere in the world. Besides, it can help us at the time of sanctions.”