Iranian lawmakers recently drafted a bill to “support cryptocurrency mining and organizing the domestic market for exchanges.” The plan involves making the Central Bank of Iran the primary regulatory body regarding the …
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Iranian government has approved licenses for 30 crypto mining farms
The Iranian government appears to be softening its stance on cryptocurrency mining after reportedly approving licenses for several mining farms. The country’s Ministry of Industries and Trade has allowed operations …
More30 Bitcoin miners will receive license in Iran amidst BTC hashrate drop
Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing …
MoreIranian President Hassan Rouhan calls for crypto regulation to mitigate risks
Iran wants to “preserve and protect national interests” in the field of digital currencies and cryptocurrencies, Iranian President Hassan Rouhani told a meeting of the cabinet’s economic coordination board this week. Fast …
MoreCrypto Miners In Iran To Get Rooted Out By Government Spies
Iran’s Ministry of Intelligence has established committees around the country to locate and seize farms that are mining cryptocurrencies without a license. Iran has been an appealing place for crypto miners because …
MoreIran’s central bank bans the trading of bitcoins mined abroad
The Central Bank of Iran (CBI) has prohibited the trading of Bitcoin and other cryptocurrencies mined outside the country, according to a report from news outlet Iran International. At first glance, the move …
MoreIran To Allow Legally Mined Bitcoin (BTC) To Be Used For Import Payments
The Central Bank of Iran (CBI) will allow banks, currency exchanges, and licensed miners to pay for imports using cryptocurrencies. According to a report from the Iranian site Financial Tribune, The CBI …
MoreIran’s Central Bank Says Officially Mined Cryptocurrencies Can Be Used To Pay For Imports
Iran is continuing to explore the potential use of cryptocurrency as a tool for mitigating the devastating impact of economic sanctions imposed by the United States. According to a report from the …
MoreIt’s official: Iran plans to adopt Bitcoin mining to bypass international sanctions
The Iranian Presidential Center for Strategic Studies, in a detailed report, is encouraging the country to adopt Bitcoin and other cryptocurrencies mining to bypass international sanctions officially. The center with close ties to …
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