Iran is drafting a proposal for the digital currency regulation

Iran’s National Center for Cyberspace will finalise the draft proposal after reviewing work of regulatory commissions. These commissions will be looking at the financial and security issues. The future strategy is still to be decided but according to the officials, it will be developed toward digital currency implementation. Central Bank of Iran, Security and Exchange Organization, Telecoms Ministry and the police department, worked together providing inputs for the National Center for the Cyberspace. The proposal should be finalized within the next four months.