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The Central Bank Banned Online Gold Trading in Banking Apps

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The Central Bank banned online gold trading in banking apps

As of October 5th, the Central Bank has prohibited the provision of online gold and silver trading services through the banking network

Hamed Haqbian, head of the Central Bank’s legal fintech group, stated that serious operational issues in one of the online gold trading platforms and the potential for these consequences to spread to the banking network were the reasons for this decision

Following the implementation of this restriction, gold purchasing services in some banking apps have been halted, and users must directly visit the trading platforms

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