Irani Central Banker: ‘Risky’ Bitcoin Requires Review

The Central Bank of Iran is opening up about its stance on cryptocurrency.

Speaking at a press conference this week, deputy director of new technologies, Naser Hakimi, said that the government-owned central bank is studying bitcoin and that it plans a comprehensive review of its policies in this area. The remarks came amid a wider set of comments on how the central bank will pursue financial technology policy broadly.

Still, Hakimi’s statements on cryptocurrency focused mostly on the “uncertainty” and “risk” brought about by speculation in the market, as he suggested investors who seek exposure may be putting their capital at risk.

Hakimi was quoted as saying: […]

Read Full: Irani Central Banker: ‘Risky’ Bitcoin Requires Review