In a letter to the Governor of the Central Bank, Masoud Pazhakian, the President introduced the Central Bank as the sole authority for organizing the cryptocurrency market. This letter, published on February 4, 2025, is regulated according to the Central Bank of the Islamic Republic of Iran Law (approved on June 19, 2023). The letter emphasizes that the Central Bank is the only authority for licensing, regulation, supervision, and issuance of necessary guidelines in the field of cryptocurrencies, including global and stablecoins, requiring all individuals and entities active in this area to obtain a license from the Central Bank. Furthermore, the Central Bank will have direct access to all data, statistics, and information of active entities in this area. In the past three months, the Central Bank of Iran has taken extensive measures to regulate and control the cryptocurrency market. These measures include transaction restrictions, policy meetings, and closing cryptocurrency exchange gateways. While initially appearing positive, the Central Bank suddenly closed the cryptocurrency exchange gateways on December 27. These actions aim to increase supervision over the cryptocurrency market and control related activities. By implementing restrictive policies, the Central Bank strives to exert more control over the cryptocurrency market, significantly affecting the operations of exchanges, payment gateways, and users in this domain. On the real-time cryptocurrency price page, you can observe the prices of all tokens and cryptocurrencies live and instantaneously.
