Yeah, this is really a good news. As far as I know bitcoin and other cryptocurrencies are banned in most of the middle east and arabic speaking nations. In fact I also from middle east and a close nation to Iran. But here it is not legal. Hope our country will also follow the same steps of Iran.
Are they fully banned in most of those countries, like entirely banned or can you just not mine it or are exchanges not allowed to operate there?
In India they wanted to be very strict and punish everyone who even owns cryptocurrencies. That is unrealistic though. How are you going to ensure that nobody owns cryptocurrencies in a country with 1.4 billion people? lol...
I was afraid they might crack down so hard on just a few that the others are seriously afraid to even possess any, but even then I doubt that effect would prevail for long.
