The Iranian National Taxation Assistants (INTA) is pushing to establish a legal framework for the taxation of crypto trading platforms operating in the country, co-ordinate to a new proposal past the state'southward tax authority.

Two months after Iranian President Hassan Rouhani's call for a legal framework for crypto trading, INTA reportedly detailed the necessity of legalizing digital asset exchanges in a proposal quoted by the local media.

Reminding Iranian regulators that a legal framework is required for levying taxes, INTA said that the government should merely allow authorized exchanges to catechumen currency while keeping track of transactions.

The taxation authority urged to go on the legal framework on the broader side of the spectrum to avert harsh conditions for crypto exchanges that could cause the proliferation of a blackness market.

Revenue enhancement on capital gains, fixed base tax and occupational tax are the iii tax regimes on crypto trading platforms proposed by the INTA, though the proposal does not specify the mechanisms for taxing crypto businesses.

Decentralized finance as well fabricated its style into the proposal, co-ordinate to the sources. To comply with Anti-Money Laundering regulations, the proposal wants to establish an upper limit on transactions occurring on decentralized exchanges.

As Cointelegraph reported in early July, the Iranian Parliament Commission on Economy drafted a new bill to restrict the use of cryptocurrencies within the state while providing a clearer legal framework for miners.

Related: Iran pauses electricity exports due to crypto mining and hot summer

Crypto mining is still legal for licensed miners operating in Iran, although it's temporarily banned until September due to energy concerns during the hot summer months. Miners are recognized every bit owners of the digital assets they mint.

Converting ane cryptocurrency to some other is non illegal, either. Only the current law just allows banks and licensed exchanges to use digital currencies mined in Islamic republic of iran to pay for imports, while crypto cannot exist used for payments within the country.

Islamic republic of iran police force enforcement spent the summer conducting raids on unlicensed crypto miners. Police seized equally many every bit vii,000 mining rigs in several operations. Concluding month, the authorities asked the licensed crypto miners to halt production altogether until farther observe.