Iran Adopts Crypto Regulation Strategy To Boost Economy

Iran is changing its approach to cryptocurrencies, focusing on regulation rather than bans, Minister Abdolnazer Hemati said. At an event in Tehran, he announced the government's plan to manage digital currencies through Iran's central bank. The goal is to reduce risks, create jobs for young people and strengthen the economy while mitigating the impact of sanctions. Iran hopes to keep pace with global financial trends by controlling crypto and benefiting from the growing crypto market. This change reflects the country's focus on innovation to meet economic challenges.