Col. Ali Valipour Goodarzi, the head of the Greater Tehran Economic Security Police, said in a press conference this morning that his compatriots should go to exchange offices designated by the Central Bank to buy and sell cryptocurrencies. He went on to point out that practically no permit had been issued for this work.
According to digital currency and to Quoted From Tasnim, Colonel Alipour stated in another part of his speech:
Bitcoin mining is illegal and people who do it are dealt with.
Greater Tehran Economic Security Police Chief added:
Since the beginning of this year in Tehran, 10 people have been prosecuted for illegally extracting bitcoins, and these people have been doing this on farms or in residential buildings.
Everything must have an executive guarantee, in the capital market of our country, if there is a violation, that violation can be pursued, one of the issues pursued by us is the monitoring of the capital market and the realization of the right is done in this regard, but the basis of digital currency transactions in Abroad.
The police official clarified:
Investors in this area may make a profit in the short term, but they are also more likely to lose property.
Goodarzi pointed out:
We advise our compatriots not to invest in the cryptocurrency market due to the lack of aristocracy, we ask our compatriots to invest their money in the production sector.
Greater Tehran Economic Security Police Chief continued:
Domestic exchange offices do not have a license to trade cryptocurrencies, but a number of exchange offices do so in coordination with the Central Bank, but no license has yet been issued for digital currency transactions in the country, although they seek to make this purposeful and legal.
If someone loses their capital in these markets, no one is accountable and they have no executive guarantee.