The Iran-U.S. cold war spills into blockchain: Can America really stop Iran from mining Bitcoin?
Iran News
Iran — also known as Persia or, officially, the Islamic Republic of Iran — is a sovereign state in Western Asia. Iran is one of the richest Asian countries, as it is the 18th economy by the volume of national production. In 2017, Bitcoin in Iran was considered as an alternative currency because the government wanted to ban U.S. dollars after the U.S. had imposed a ban on entry for seven Arabic states, including Iran. However, according to Iran’s Bitcoin regulation which were issued in 2017, work with cryptocurrency is prohibited for all financial establishments and exchanges. According to Iran’s central bank, cryptocurrency is used for the financing of terrorism, money laundering and making transactions between the criminals.
- Follow up
- News
The Foundation for Defense of Democracies has assessed current and future risks of cryptocurrency use by countries adversarial to the United States.
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by Helen Partz
Governor of Iranian Central Bank revealed that the government has prepared parts of an executive law to authorize crypto mining.
- News
by Helen Partz
Deputy governor for new technologies at the Central Bank of Iran said that buying and selling bitcoin is illegal in the country.
- News
by Kollen Post
Iranian Assistant Minister of Trade says that US Congress is trying to stop BTC mining in Iran.
- News
Authorities in Iran have confiscated about 1,000 units of bitcoin mining machines from two now-defunct factories.
- News
Mosques’ free electricity make them an attractive option for miners keen to limit the pain of economic hardship.
- News
by Helen Partz
An official at Iran’s Ministry of Energy said that the authorities will have to cut off power to crypto mining due to energy overconsumption.
- Analysis
New report reveals more details about one of the most anticipated projects in crypto, the TON blockchain.
- News
Iran’s deputy energy minister said that electricity bills for digital currency miners should be calculated in accordance to real prices.
- News
The decentralized exchange developed by Binance warns that it will block website access from 29 countries.
- Analysis
Crypto users in Iran resort to p2p bitcoin exchanges following the shutdown of LocalBitcoins.
- Analysis
Iran’s central bank, in partnership with a local blockchain solutions provider, is developing a national blockchain platform called Borna that will be used to r...
- News
by Ana Berman
Iranian Bitcoin hackers used the WEX exchange to launder Bitcoin acquired through ransomware, according to a PwC report.
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