Iranian government again hit Cripto as cripto as currency free values Cripto News

Tehran, Iran – The Iranian authorities ruptured again to cryptocurrency and network exchange as the value of national currency in the unimitable economy.

Last month, the Central Bank of Iran (CBI) suddenly stopped paying real payment in all cripptocurrenci, leaving more than 10 million users of Krupto who are unable to spend Rules at Bitcoin and other global online currencies.

The goal was to counter further depreciation by national national currency by stopping it from hand changes for foreign currencies.

The cratto market has significantly become last year and leans towards the whispers of 2025. As countless young Iranians, the realization of the global market to be largely insulated economically under sharp western sanctions.

The Moving was tried before In limited couplings, but in such a long time, it seems to be part of a greater effort to establish which wants strict levels of control and supervision to the growing crypto community.

The economy was recessed at inflation rate more than 40 percent Years, and remains excluded from the global payment system.

CBI establishes authority

After the block was imposed, the Central Bank was mostly maintaining the radio silence, did not offer public explanations.

CBI also did not answer the request of Al Jazeera for a comment.

In a public statement, it only noticed that the Governor of CBI Mohammad Reza Farzin participated in the meeting of government heads, justice and parliament last month and that CBI received a “complete monitoring and management of the Kruptocurrency market”.

President Masoud Peeseškijan also sent a letter, published in the media, in Farzin last week, emphasizing that the CBI “is the only commissioner to manage” crypto market.

Last month, the meeting also concluded that the Government wants to see more export trade, bringing crossing on the Iran market, but did not point out how it should be achieved.

New restrictions seem to be part of strict measures to prevent currency, as CBI pumps foreign currency in the volatile local market and periodically announce the arrest of illegal currency traders on Tehran and other larger cities.

The Iranian Rial continued a slide this week, striking the new all the time more than 940,000 per US dollar. In October last year, the dollar brought less than 600,000 rivers and less than 40,000 early 2018. years.

The national currency perceives a sharp decline in the last weeks in the middle of escalating regional conflicts, Hit “the shaft of water resistance to Tehran”and insisting Donald Trump on the “Maximum Pressure” campaign.

4 percent of the USDTT coat?

DAYS FROM THE SWISSED DECISION ON BANKING RIAL PURCHASE OF CRIPTOCURY, CBI has imposed terms on network exchanges and started negotiations with them.

Many fewer exchanges were forced to accept at least some of the conditions, including providing evidence of reserves. Some had their own river Gateways rebuilt at limited capacities, while others still negotiate.

Some of the “proposed” CBI measures included premium customer information, including real-time access, constant updates and the ability to block users whenever needed, in accordance with the documents that Al Jazeera reviewed Al Jazeera.

Similar to artificial limits, regulators are set for trading on Iran Exchanges, CBI provides that daily caps imposes a cartoon price.

If currencies, the defined boundaries are exceeded, their rural trade would be suspended for a short time.

The central bank especially watches Stablecoin devices for dollars (USD), which many Iranians buy as a hedge.

He wants to ensure that USD prices increased by more than 4 percent, Iranian traders would be temporarily blocked from buying.

‘Rationality not on the agenda’

As a result of sudden blocks of roads, some crypts of exchange were forced to start seeking temporary alternatives, such as using different bank accounts to facilitate a solution.

Incoming and outgoing crypto transactions have not affected, and users can still take rial out of their accounts if they have chosen.

The Central Bank faced criticism and minister of economy abdolnaser hemmati, a Former central bank boss and the presidential candidate, now aims to ridicule strenuous hardline legislators. The government maintains imperial efforts politically driven by how the legislators want to remove the minister only a few months after it started.

Instead of dealing with their own imbalances in the stone economy, CBI adopted the strategy of attention deviations and trying to earn online exchange, said the director of local exchange.

“Repeated warnings on the negative political, social and economic impacts of such strokes, which provide interested parties and media, are not directed. The central bank closed the passage through business, unethical and biased access,” Al Jazeera Eisa Keshavarz said.

Said that in one hand blocking foreign services like social media platforms Form Iranians to local platformsWhile on the other hand, pushes people according to foreign exchange with their restrictive moves against local colleagues.

“These double policies show that rationality, clear opinion and compassion of people are not on the agenda, which spreads a gap between people and the government.”

Keshawarz said people would turn to unofficial, underground activities as a result of the limitations.

“I believe people are inalien to be right anywhere to turn their hard money in gold, greeback, cripto, housing or anything to preserve their purchasing power,” he said.

“Reduce risks”, but for whom?

CBI and others have passed attempts to regulate the growing crypto industry – almost all were measures that confuse or frustrated stakeholders.

The government made crypto blasting – the process of generating new coins using calculation power – legal in 2019. years under strict conditions.

Many miners have been expelled, especially because of repeated Interrupts mining measures due to lack of electricity.

Observers and experts are now believing that regulators face the government’s budget deficit procedure, embark on the taxation of crypto transactions.

The Supreme Council of Cals, the Superior Iran Internet Management Body, published last month that observers say that observers are not pain for the crypto community.

“Making international trade” through crypto, which, in words, could be interpreted as attempts to circumvent sanctions Iran, according to the words of Krupto and Blokchain, could be interpreted.

“Especially after the election of Mr. Trump, it could exhibit CRIPTO users to risk being in blacklist or their transactions marked in international exchanges,” he said Al Jazeeri.

The expert said that international transactions as a key word in the document could also leave the main domestic crypto transactions, because they can be considered confidential, declining transparency.

At the same time, the regulatory document adopts the policy of “active control and countermeasure” in dealing with global cryptocurnics, allegedly that it will “minimize risks”, but does not speak exactly how or for whom “or for whom.

“If they said to minimize risks for citizens, at least at least some level of support, it seems focused on the state, not the people, which means that the host of new limitations,” Khoshbakht said.