Iranian government reportedly banned local blockchain associations

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The Ministry of Interior of the Islamic Republic of Iran blocked the activities of the Iranian Blockchain Community (IBC), but the association claimed that they have not yet received direct notification.

The Ministry’s Social Affairs Organization issued a notice last week through the local newspaper Hamshahri Online to report on IBC’s financial performance and transactions with cryptocurrency exchanges. according to To local resources.

Last weekend, the ministry blocked the association’s activities, but IBC spokesperson Sepehr Mohammadi, who is also the CEO of one of the two crypto exchanges listed on the association’s website sponsor, said he did not send any oral or written messages to the board members caveat.

in a Open the envelope The chairman of the IBC told the social affairs organization that it is the right of the association to monitor the performance of participants in the blockchain ecosystem. He added that it is also the mission of IBC to publish and publish warning lists for new users to avoid traps.

High-risk Iranian companies involved in encryption are on the IBC warning list, so Mohammadi believes this is the main reason for the ban. “Vested interests will stop IBC’s efforts at all costs. They managed to publish notice before IBA,” he added.

related: Iran bans crypto mining until September

According to local media reports, a congressman accused domestic crypto-related NGOs of transferring foreign exchange overseas. As one of the NGOs in the field of encryption and blockchain, IBC denied this claim and stated that the association is focused on promoting blockchain technology in the country.

Following the “summer ban” Crypto mining, Iran is seeking to regulate the health of cryptocurrencies.Iranian President Hassan Rouhani stated that the country needs Legalize cryptocurrency activities Safeguard and protect national interests. He called on all parties to conduct joint research to establish a legal framework for cryptocurrencies.