Bypassing sanctions with the help of cryptocurrency

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Bypassing sanctions with the help of cryptocurrencies/ More than 10 million Iranians own digital currencies

The capital market expert said: More than 10 million Iranians own cryptocurrency, with a daily turnover of about 10 trillion tomans.

Regarding the reason why people enter the cryptocurrency market, Reza Mohammadi said: Basically, the reason why so many users entered the field of cryptocurrencies and people traded in this market can be partly linked to the state of the capital market and the losses that people suffered in the stock market; because after that, people transferred all or part of their capital in the stock market to the market. Cryptocurrencies They allocated.

The economic expert stated: Information obtained from a study indicates that so far, 12 million Iranians have opened accounts on cryptocurrency exchanges, which means that 12 million people own cryptocurrency and their daily turnover is about 10 trillion tomans.

He added: Officials must step into the cryptocurrency market with sufficient knowledge and responsibly. Of course, the recommendations that were made in the past in the field of stock exchanges and caused losses to people make the job more difficult for the government, parliament, and those involved.

Regarding the mechanisms for buying and selling cryptocurrencies, Mohammadi stated: "Authorities must consider rules and mechanisms for buying and selling so that users can conduct their transactions without worry and with peace of mind.".

According to this economic expert, determining a framework in the field of cryptocurrencies is a task that requires expertise, research, and study.

He finally stated: The cryptocurrency market has the potential to bypass sanctions, and relevant officials should pay attention to this issue so that the country does not suffer any damage from this.

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