Iran Blockchain Association Head Calls For Special Advice On Crypto Laws By Cointelegraph

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According to Iran’s leading blockchain organization, authorities have been negligent in enforcing cryptocurrency laws. The association is concerned about the government’s inactivity, offering its help to regulators it considers insufficiently prepared to handle such a difficult task.

Abbas Ashtiani, head of the Iranian Blockchain Association (IBA), said Iranian regulators such as the Central Bank of Iran (CBI) are unable to regulate digital assets. The IBA has called for the establishment of an “independent board” to take responsibility, according to one report by the Financial Tribune.

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