Gholamreza Marhaba, spokesman for the parliament’s economic commission, said Iran controlled 10 percent of the world’s total digital currency market. He stressed that the supply of national digital currency by the central bank does not prevent the regulation of other digital currencies.
According to digital currency and to Quoted From ILNA, Gholamreza Marhaba said about the launch of Ramzarz Melli, which was recently announced by the new head of the Central Bank:
The national cryptocurrency is just an idea at the moment, and it has been suggested before. Whether it is necessary to have a national cryptography or whether it can be managed, and whether it will be possible and permissible under the national cryptocurrency sanctions system, are issues that need to be addressed.
It is now clear that we can technically have national codes.
A spokesman for the parliament’s economic commission said that Iran currently owns 10 percent of the world’s cryptocurrency market.
Of course, we have to keep in mind that cryptocurrencies are not really a currency, but a kind of asset, and digital simulation has become a precious metal. The term is changing in the world, but it is still a valuable asset that can be exchanged all over the world.
National cryptocurrencies are also a type of currency cryptocurrency that is produced by the central bank and can be mined and supported by the central bank.
In response to the question what will be the use of national codes for Iran in the conditions of sanctions, he said:
It is not that cryptocurrencies are used only to circumvent sanctions. If cheap energy is available in the country and we have the opportunity to use this new generation asset, this asset can also be produced domestically. Of course, the other idea is to buy and sell these assets on the stock exchange and direct the capital in this direction until they go to cryptocurrencies whose origin is unknown and face a multiple value fall overnight.
The spokesman of the Economic Commission of the parliament continued:
National cryptocurrencies, if properly planned and managed, can be an economic opportunity for the country and a means to produce and store value.
In response to the question whether the national cryptocurrency will replace other digital currencies in the country and whether the issue of legalization of digital currency transactions will be abandoned or not, Marhaba emphasized:
Possession of national cryptocurrencies will not preclude the passage of a law on digital currency transactions or the legalization of other digital currencies. Having a national currency password does not mean that no one has the right to mine. It is the only money in the world that is 100% owned by the government, but the cryptocurrency is not 100% owned by the government, and real and legal enterprises can generate and extract the currency code, but this process must be legally monitored.
“Our demand is that the purchase of energy for mining, its taxation, trade, exchange and storage be managed and supervised,” he said.
The law related to these issues has not been reached yet and is currently being drafted.