13 August 2022 - 12:35

Readiness of Exchange Association to transfer cryptocurrencies to facilitate import

Money Exchange Association and the country's exchange network, as executive arm of Central Bank, are ready to use the extracted cryptocurrencies to facilitate imports into the country, Secretary General of Money Exchange Association said.
News ID : 140016

IBENA- According to the announcement of Central Bank, trading and buying and selling of cryptocurrencies is prohibited as an investment, but people who have legal permission to mine cryptocurrencies from Ministry of Industry, Mine, Trade and Ministry of Energy can use the extracted cryptocurrencies for import, Kamran Soltanizadeh, Secretary General of Money Exchange Association, said.

According to arrangements made between Central Bank and Ministry of Industry, Mine, Trade, cryptocurrencies can be used for imports, regulations of which will be announced next week, he added.

Money Exchange Association and the country's exchange network, as executive arm of central bank, are ready to use the extracted cryptocurrencies to facilitate imports, Soltanizadeh emphasized.

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