UTC-05:00,Tuesday , July 14th 2020

Iranian Lawmaker Says Bitcoin Should Be Central Bank's Turf

16:12 Tuesday , June 02nd 2020
Representative Mohammad Hossein Farhangi (Tabriz), speaking on June 2 before the Iranian parliament, called on the Governor of the Central Bank of Iran, Abdolnaser Hemmati, to handle oversight of bitcoin, according to the Tasnim news agency.
Calling proper management of Bitcoin a "good opportunity for the country," Farhangi warned against ceding its potential to financial institutions. "Take the issue of bitcoin seriously," he said. But Farhangi thinks that Iran's mining hyperfocus leaves much to be desired in its treatment of cryptocurrencies.
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