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.

News
Discounted tariffs made Iran attractive to miners, now the country is having a hard time closing the gap between the production and consumption of electricity.
Iran pauses electricity exports due to crypto mining and hot summer
Erhan Kahraman
2021-07-07T11:42:44+01:00
1710
News
Even Iran's minister of labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid.
Licensed Iranian crypto miners ordered to halt production 'altogether'
Turner Wright
2021-07-06T21:35:00+01:00
3884
News
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining o...
Proposed bill in Iran could ban all foreign-mined cryptocurrencies
Turner Wright
2021-07-02T17:32:45+01:00
5868
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Tehran Province, which houses Iran’s capital, was awarded only one license to operate a crypto mining center.
Iranian trade ministry issues 30 crypto mining licenses
Helen Partz
2021-06-28T14:28:11+01:00
3391
News
The police chief of Tehran said authorities had raided 50 locations across the Iranian capital in the last 48 hours, discovering 3,000 illegally operating crypt...
With crypto mining banned in Iran, local authorities seize 7K rigs
Turner Wright
2021-06-22T17:15:00+01:00
2413
News
A crypto warning list is the main cause of the ban, according to the head of the Iran Blockchain Community.
Iran government reportedly bans local blockchain association
Erhan Kahraman
2021-06-21T09:15:08+01:00
3801
News
Iran President Hassan Rouhani wants to protect national interests regarding crypto.
Iranian president calls for legal framework for crypto trading
Erhan Kahraman
2021-06-09T09:41:09+01:00
14259
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Iran's government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months.
Bitcoin mining banned in Iran until September
Osato Avan-Nomayo
2021-05-26T11:47:10+01:00
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