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The Central Bank of Iran conducted a three-hour meeting with fintech and digital economy stakeholders to discuss regulatory frameworks and operational restrictions.
Governor Mohammadreza Farzin emphasized the importance of complying with anti-money laundering laws, controlling market speculation, and preventing capital flight as key priorities for innovative financial businesses.
While committing to dialogue and establishing a joint committee to address industry challenges, Farzin reaffirmed the bank’s regulatory approach, prompting concerns about its potential impact on business growth.
He announced new regulations for online gold trading platforms, requiring real ownership of sold gold and measures to protect customer funds from bankruptcy risks.
Regarding cryptocurrencies, Farzin stressed the need for risk mitigation while maintaining financial stability. Despite assurances of continued discussions, uncertainties persist over potential policy changes.
