Iran is in favor of Bitcoin

The iranian government has conducted research on the economic aspects, and infrastructure of the preparation for the use of Bitcoin throughout the country. According to the ministry of information Technology, ” measures are taken to put in place the infrastructure for the digital currency as early as possible. “


The iranian ministry of Information Technologies and the Communication encourages the use of crypto-currencies

The vice-minister of iran Information Technology and Communication, Amir Hossein Davaee, said in an interview with the newspaper Shargh : “The department of Technologies of Information and communication has already conducted a number of research studies within the framework of its efforts to prepare the infrastructure to support the use of Bitcoin in the country. “He also said that the crypto-currency had two aspects,” economic and infrastructural “, adding that his adoption in Iran would be in the general interest of the country. “We, as the principal center of iran dealing with the technological developments of the country, have taken very seriously the issue of the preparation of the infrastructure to accommodate this new digital currency. Arrangements are made with the relevant organizations to put in place the infrastructure as early as possible “, he concluded.


The government wants to take advantage of the legal vacuum left by the central bank

Although the iranian central bank considers that any commerce done with Bitcoin is ” illegal “, which deters local businesses to adopt the crypto-currency, no law has yet been adopted by the government specifically prohibiting the use of Bitcoin as a method of payment. During this time, the iranian government has worked on the proposed regulatory framework for digital currencies. The resident iranians rely on Localbitcoins as well as the peer-to-peer Coinava that connects buyers and sellers in Iran without directly purchasing or selling of Bitcoins.

Source : News.Bitcoin