The Director General of the Publicity and Information Office of the Ministry of Culture and Islamic Guidance said: “Due to the high-risk nature and extreme fluctuations of the cryptocurrency market, and according to the central bank’s notice, and in order to protect people’s rights and prevent speculative activities, the advertisement cryptocurrencies ads all domestic media, including print, digital and virtual space, has been banned.”
According to Ideaagency, “Abbas Mohammadian” stated: “This issue has been brought to the notice of all platforms, advertising message spreaders and advertising intermediaries, and if any cryptocurrencies ads is seen in the media under their management, the violators will be dealt with decisively and legally. This action will include monetary fines, suspension of activity and referral of the case to judicial authorities, therefore, all media and media activists are expected to refrain from publishing any cryptocurrencies ads in compliance with the laws and regulations.”
He added: “In order to implement the law as best as possible, the Publicity and Information Office requested the Attorney General’s Office to deal decisively with intermediaries, exchanges and other unauthorized activists in the field of cryptocurrencies ads.”
The General Director of the Publicity and Information Office also informed about the correspondence with the Deputy of Media Affairs and Publicity of the Ministry of Culture and Islamic Guidance to activate the Press Supervisory Board as much as possible in this field and stated: “The Press Supervisory Board, as the institution that oversees the performance of the media, is obliged to actively monitor the implementation of this ban and deal with violators.”
He asked citizens to refrain from making any transactions or investments in the field of cryptocurrencies.
In the end, the Director General of the Publicity and Information Office announced future plans to increase awareness in this field and said: “With the cooperation of the media and social networks, we will implement extensive information programs to inform citizens of the dangers of cryptocurrencies. These actions show the serious determination of the executive and regulatory bodies to deal with the threats caused by cryptocurrencies and maintain the economic security of the country.”
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