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The proposed bill in Iran could ban all cryptocurrencies mined from foreign mines by Cointelegraph

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The proposed bill in Iran could ban all cryptocurrencies mined from foreign mines by Cointelegraph
Iran’s proposed bill could ban all cryptocurrencies mined from foreign mines

A new bill drafted by the Economy Commission of the Iranian Parliament aims to restrict the use of cryptocurrencies within the country while providing a clearer legal framework for miners.

According to a report on Friday from the Tasnim news agency, lawmakers written up a bill titled “Support for Cryptocurrency Mining and Organizing the Internal Exchange Market,” which the country’s parliament first announced on June 23. If passed, the legislation would make Iran’s central bank the regulatory authority for cryptocurrency exchange in the country.