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Is crypto legal in Islamic Republic of Iran?

Cryptocurrency is heavily restricted in Islamic Republic of Iran.

Southern Asia · IR · 2 of 9 dimensions sourced

Every value below cites the primary government, central bank, financial regulator, or tax authority. How this is sourced →

Islamic Republic of Iran crypto policy at a glance

CBDC status
Pilot

Stage of the central bank digital currency programme — research, pilot, or launched.

cbdctracker.org ↗ · as of 2018 · confidence: high
Legal status
Restricted

Whether crypto is legal, restricted, or banned for individuals and businesses.

“Use of cryptocurrencies and virtual currencies as a means of payment in domestic transactions is prohibited, and banks and financial institutions are not allowed to use or trade them.”
Central Bank of the Islamic Republic of Iran ↗ · as of 2019-04-22 · confidence: high
VASP licensing
Not yet recorded

Whether the jurisdiction licenses crypto/VASP service providers.

Stablecoin rules
Not yet recorded

Rules governing stablecoin and e-money-token issuance.

Tax treatment
Not yet recorded

How crypto gains are taxed and reported, including OECD CARF participation.

DeFi treatment
Not yet recorded

How decentralized finance (DeFi) is treated by regulators.

NFT classification
Not yet recorded

Whether NFTs are addressed in regulation.

Mining policy
Not yet recorded

Policy toward crypto mining — permitted, restricted, or banned.

Enforcement intensity
Not yet recorded

Intensity of regulatory enforcement actions against crypto firms.

Explore Islamic Republic of Iran and compare it with other countries on the interactive crypto policy map →

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