Iran Turns to Crypto for Digital Growth

Iran Bets on Crypto as a Driver of Its Digital Economy

Iran Turns to Crypto for Digital Growth

At the first international blockchain conference in Tehran, Iranian officials announced that the country cannot achieve its digital economy goals without adopting cryptocurrencies. Participants of deBlock 2025 — including government representatives, economists, and entrepreneurs — agreed that Iran should not only recognize crypto but also develop as a regional hub for blockchain innovation.

Parliament Speaker Mohammad Bagher Ghalibaf stressed the need for a national strategy on digital assets. According to Iran’s development plan, the digital economy should account for 10% of GDP — a target he said is unattainable without integrating cryptocurrencies. He urged cooperation between the Central Bank and the ministries of Economy and Industry to craft regulations ensuring secure market growth.

Ghalibaf noted that cryptocurrencies represent more than mining and trading — they are a chance to build a new financial ecosystem. He highlighted the importance of regulated exchanges, the use of crypto in foreign trade, and the tokenization of assets like commodities and securities.

Shamseddin Hosseini, head of the parliamentary economic committee, recalled that crypto was once banned in Iran but is now viewed as a pillar of the country’s digital future.

During the event, organizers of deBlock signed an agreement with Dubai-based Trescon Global to boost technological cooperation and attract investors from BRICS nations.

Delegates from over 15 countries, including BRICS members and Central Asian states, took part in the forum. Ghalibaf concluded that wider international use of cryptocurrencies could enhance Iran’s financial independence and simplify trade settlements between partner nations.

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