The move reflects a significant change in tone, emphasizing the potential benefits of digital assets while mitigating risks.
The announcement comes as US President-elect Donald Trump signals a positive regulatory environment for cryptocurrencies. Following his reelection last month, Trump has appointed several pro-crypto figures to key positions, including long-time supporter Paul Atkins to lead the Securities and Exchange Commission. This shift in US policy could influence global attitudes toward cryptocurrency adoption and regulation.
In Iran, central bank officials are pushing for crypto regulation, highlighting the role of digital currencies in fostering economic resilience, creating youth employment, and bolstering financial assets. This regulatory pivot follows years of strict crackdowns, including measures against crypto exchanges during Bitcoin’s meteoric rise in 2021.
By embracing regulation, Iran seeks to align with global financial trends and leverage cryptocurrency innovation as a tool to navigate economic pressures, including US sanctions.
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