Discover the low market share of exchanges complying with user data regulations. Learn about the ongoing struggle between Iranian trading platforms and central bank policies.
Alireza Yaghoobi, the chairman of Iran’s Fintech Association, stated in a tweet that the market share of businesses willing to provide user data to the central bank is less than 2%. He emphasized that over 98% of businesses are committed to abiding by the law, considering user data as a trust and breach of that trust as a red line. Despite some Iranian digital currency exchanges complying with the central bank’s data disclosure requirements, major trading platforms continue to resist and prioritize user data protection.
