What are the regulations for forex brokers dealing with cryptocurrencies in Iran?

3 answers

• Corcoran HermansenJul 08, 2023 · 2 years ago
  Forex brokers in Iran are subject to specific regulations when it comes to dealing with cryptocurrencies. The Iranian government has implemented strict measures to ensure the legality and security of cryptocurrency transactions. Forex brokers are required to obtain a license from the Central Bank of Iran (CBI) in order to offer cryptocurrency trading services. They must also comply with anti-money laundering (AML) and know your customer (KYC) regulations to prevent illicit activities. These regulations aim to protect investors and maintain the stability of the Iranian financial system.
  592

  296
• LyraIncJun 18, 2022 · 3 years ago
  When it comes to forex brokers dealing with cryptocurrencies in Iran, the regulations are quite stringent. The Central Bank of Iran (CBI) requires forex brokers to obtain a license specifically for cryptocurrency trading. This ensures that only authorized and regulated brokers can offer these services. Additionally, brokers must adhere to strict anti-money laundering (AML) and know your customer (KYC) procedures to prevent illegal activities. These regulations are in place to safeguard investors and maintain the integrity of the Iranian financial market.
  560

  187
• it_s_all_assemblyNov 26, 2020 · 5 years ago
  As an expert in the field, I can tell you that forex brokers dealing with cryptocurrencies in Iran must adhere to a set of regulations imposed by the government. These regulations include obtaining a license from the Central Bank of Iran (CBI) to offer cryptocurrency trading services. Additionally, brokers must comply with anti-money laundering (AML) and know your customer (KYC) requirements to ensure the legitimacy of transactions. It's important for brokers to stay updated on these regulations to avoid any legal issues and provide a secure trading environment for their clients.
  586

  147