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Market News

Iran to Freeze Bank Account of Women Who refuse to Wear a Hijab

“Unveiled persons” would be sent an SMS urging them to respect the law and wear a hijab followed by two warnings. If not complied, their bank accounts would be frozen.

Written By Rupal Sharma
Published December 7, 2022 9:20 AM
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Iran to Freeze Bank Account of Women Who refuse to Wear a Hijab

A member of the Iranian parliament reported to the local media that the government is planning to impose new punishments on women who do not wear a hijab in public. This includes potentially freezing the bank accounts of individuals who refuse to comply after two warnings. 

Hossein Jalali, a member of the Cultural Commission of the Islamic Consultative Assembly stated that “unveiled persons” would be sent an SMS urging them to respect the law and wear a hijab before entering a “warning phase”. If not followed, the person would be subjected to finally having their bank accounts potentially frozen.

Similar stringent laws imposed by governments in the past drove protestors and dissidents to turn to cryptocurrencies in order to continue accessing financial instruments.

Jalali did not mention what the “warning stage” entailed. However, he indicated there should not be “morality police” enforcing compliance with the law. Other key figures have noted cameras may be used in combination with AI to identify offenders. 

The issue rose when an Iranian woman named Mahsa Amini was arrested by morality police for not wearing a hijab and died in suspicious circumstances at the hospital in Tehran.

Meanwhile, many women are now setting fire to their hijab or refusing to wear any as part of a broader push to force the government to back down on its mandatory hijab requirements. 

Cryptocurrency comes into the picture when such incidents surface in the media. Many dissident artists time and time again have turned to cryptocurrency for financial assistance in hard times. Earlier this year, an Ex North Korean propaganda artist announced the NFT collection representing the country’s dictatorship, tyranny, and monarchy. 

Undoubtedly, there have been many instances when cryptocurrency has come to the rescue in devastating situations.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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