An Iranian lawmaker has argued that the country’s Central Bank ought to be the oversight body of Bitcoin and other digital currencies. Tasnim news agency was the first to report on this development after Rep Mohammad Hossein Farhangi (Tabriz) shared his sentiments in Parliament.
According to Farhangi, Iran’s Central Bank led by governor Abdolnaser Hemmati should take “the issue of bitcoin seriously.” Currently, this industry is overseen by the Ministry of Industry and Mines in which Farhangi sits as a committee member. He has since echoed that this approach is insufficient for the general oversight of cryptocurrencies:
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