In recent weeks, after the blocking of digital currency exchange payment gateways, we have witnessed the emergence of many margins among Iranian investors and traders. This issue has led many Iranian newspapers to devote their first headlines to the situation of digital currencies in Iran and the actions of legislators in this area. This has been mainly in support of investors and in criticizing recent actions.
According to Arzdigital, leading newspapers such as Ebtekar, Abrar Eghtesadi, Asia News, Equilibrium, National Economy and Jahan Sanat, publish articles mainly criticizing the recent actions of Shaparak and legislators in relation to digital currencies.
Initiative: Consequences of removing Ramzarz transactions from exchange offices for the economy
Read the full text of the initiative here.
The initiative, entitled “Consequences of removing cryptocurrency transactions from exchanges for the economy”, first examines the issue of digital currency legislation in the world. The outflow of currency from the country, the lack of opportunities to pursue, the undergrounding of this area and the blocking of Iranian investments in foreign exchange offices are among the consequences of the ban on digital currency transactions in Iran.
The text of the initiative also refers to the words of the head of the stock exchange organization, stating that digital currencies and the capital market are not in conflict with each other.
National Economy: The risks of stoning in the path of cryptocurrency trading platforms
Read the full text of the national economy here.
The article in the National Economy newspaper, like other newspapers, has a critical view of the actions of Iranian lawmakers. Referring to the prominent role of digital currencies in the lives of Iranians today, the National Economy writes that the entry of capital into the digital currency market is a kind of “diversification of the investment portfolio” and can not be banned.
The national economy also points to the role of digital currencies in circumventing sanctions, and writes that these costs will be eliminated with the help of digital currencies and the corruption centers created by the brokerage of circumvention of sanctions will be closed.
Asia: Do not deny the opportunity to exchange digital currencies!
Read the full text of Asia here.
Asia newspaper, referring to the blocking of Iranian users’ funds in exchanges such as Bainance and Bitrex exchanges, states that the provision of trading services by Iranian exchange offices can reduce the risks in this area.
Asia also urges lawmakers to legislate properly and use the views of experts in the field.
Jahan Sanat: Ramzarz’s position in Iranian transactions
Read the full text of Jahan Sanat here.
Jahan Sanat, as its headline suggests, focuses on the role of digital currencies in Iranian transactions. Referring to the 25 billion digital currency market in Iran, this newspaper states that more than 5.1 million Iranians, amounting to 25,000 billion tomans of capital, have entered the digital currency market.
The newspaper also writes that inadequate legislation and unprofessional decisions can cause capital outflows, in foreign currency, from the country, which will be a catastrophic issue.
Balance: The cryptocurrencies are not rivals of the stock market
Read the full text of Equilibrium here.
The headline of the balance goes back to the words of the head of the Tehran Stock Exchange. Equilibrium writes that instead of banning this market, it is necessary to gradually open the markets and reform the methods and rules, to have a positive effect on the market through professionals, to train non-professionals, and to prevent heavy losses by imposing restrictions on them.
Equilibrium writes in another part that the crisis of the Iranian stock market in the winter of 1399 and the significant decline in the overall capital market index, has led a group of investors in this market to parallel markets, especially the digital currency market.
Abrar Eghtesadi: Closing the digital currency market means self-imposed sanctions on Iran’s economy
Read the full text of Abrar Eqtesadi here.
Abrar Eghtesadi, while calling Shaparak’s recent decision “unprofessional”, writes that, unfortunately, the legislature and regulator in Iran, with its procrastination and silence, has created an uncertain legal environment for activists in the digital currency ecosystem.
According to Abrar Eqtesadi, if digital currency trading is banned, investors can sell their currencies to thousands of people waiting to buy digital currencies, and since these people are not present in Iran, we will see the flight of foreign currency investments.