EghtesadOnline: As part of efforts to organize the informal monetary market, particularly the unlicensed credit and financial institutions, a committee is to be formed at the Central Bank of Iran with the sole purpose of dealing with the fallout from these entities going bankrupt.
EghtesadOnline: In light of the importance of regulating fintech firms to prevent any problem in the monetary market, the Center for E-Commerce Development's deputy has announced that the Central Bank of Iran will define the framework of fintech operations by the end of summer.