Iran Bans Crypto Advertising in Media and Social Platforms

The advertisement and encouragement of cryptocurrency purchasing in media and social networks have been banned. According to the new resolution from the Supreme Council of Cyberspace, promoting, incentivizing, or promising profits related to digital assets on media outlets and social platforms is prohibited. Only authorized individuals and platforms, adhering to specific conditions, are permitted to introduce such assets. Any promises of profitability, investment encouragement, or business introductions without proper licensing are considered violations. Advertisements must be straightforward, transparent, without profit or price growth claims, and without promoting leveraged trading. Including links to comprehensive information and risk warnings is mandatory. Advertising in print, news agencies, national media, virtual environments, and online media requires regulatory approval. The Islamic Republic of Iran Broadcasting and the Ministry of Culture are tasked with implementing awareness programs about digital assets within three months. Promotions related to home-based work, currency exchanges, buying and selling accounts, or trading platforms are forbidden unless accompanied by verified employment ads. Advertising of mining operations, including cloud mining, is banned. A specialized committee will review this regulation within six months, and violators will face bans from advertising.