Four Online Gold Trading Platforms Approved for Iran’s Regulatory Sandbox
Four digital gold trading platforms—MilliGold, Talasi, Goldika, and WallGold—were granted provisional approval to enter regulatory's sandbox.
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At the 43rd meeting of the Ministry of Industry, Mine, and Trade's (MIMT) regulatory sandbox working group, four digital gold trading platforms—MilliGold, Talasi, Goldika, and WallGold—were granted provisional approval. These platforms now have a six-month window to align their operations with the sandbox framework.
The meeting, held on May 10, 2025, at the E-Commerce Development Center (TETA), was chaired by Ahmad Taghvaee Najib, Head of the Economic Innovation and IT Center at the Ministry of Economic Affairs and Finance. Alongside evaluating the gold platforms, the session reviewed two other fintech platforms in insurance and capital markets, though details remain undisclosed pending future discussions.
Regulatory Sandbox Background
Established in 2018 under Iran's Supreme Cyberspace Council and overseen by the Economy Ministry, the sandbox serves as a controlled testing environment for innovative business models. In 2023, MIMT launched a dedicated e-commerce sandbox to streamline digital trade regulations.
The mechanism allows startups to pilot services for a fixed term (typically six months) while collaboratively shaping policies with regulators. By bridging private-sector innovation and governance, the sandbox aims to foster compliant growth in emerging sectors like fintech.
