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Central Bank of Iran's message to cryptocurrency exchanges - turboplaycrypto

Central Bank of Iran’s message to cryptocurrency exchanges

Central Bank of Iran's message to cryptocurrency exchanges
Central Bank of Iran’s message to cryptocurrency exchanges

The Central Bank of Iran banned the use of exchange names for fake and unreliable platforms that intend to endanger people’s assets.

The Central Bank of Iran announced in an announcement: It informs that by referring to the current laws of the country, including the law on the permanent orders of the country’s development programs, the law on the sixth five-year development plan and the law on combating goods and currency smuggling, any activity in the foreign exchange market requires obtaining a license from It is the Central Bank and it is forbidden to engage in exchange operations without obtaining an activity license from the Central Bank and buying and selling currency outside the authorized units.

The Central Bank of Iran continued that some cryptocurrency industry activists are trying to gain people’s trust by creating unreliable and unlicensed platforms, and this business model with the name of an exchange is not approved by the Central Bank of Iran.

Therefore, it is necessary, dear compatriots, in order to avoid risking your property and assets, only to carry out exchanges and authorized transactions in exchange companies licensed by the Central Bank, whose names are listed in the information base of this bank at the address www.cbi.ir. After viewing the license installed at the company’s location and checking its validity from the aforementioned information base, proceed with their affairs.

Central Bank of Iran’s message to cryptocurrency exchanges news 

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