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.

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Here’s what happened in crypto today

Why is Bitcoin price up today?

What happened in crypto this weekend?

Miss Universe denies link with recently unveiled coin project

Ben ‘BitBoy’ Armstrong arrested on livestream over Lambo dispute

According to the report, Europe is home to nine of the 10 least profitable countries for Bitcoin mining, based on household electricity costs.

Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko report

2023-08-20T02:25:20+01:00

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The Central Bank of Iran progresses with CBDC development in anticipation of a visit by the Bank of Russia’s governor Elvira Nabiullina.

Iran completes pre-pilot phase of central bank digital currency

2023-03-06T10:30:00+00:00

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Anatoly Legkodymov, founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance.

Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23

2023-01-23T11:29:01+00:00

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The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.

Iran and Russia want to issue new stablecoin backed by gold

2023-01-16T11:11:15+00:00

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Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.

Iran court orders the release of seized crypto mining equipment

2023-01-04T07:43:23+00:00

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Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.

Proactive sanctions can help spare the ecosystem: Chainalysis exec

Savannah Fortis

2022-12-07T13:53:35+00:00

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Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist with cash and CBDCs.

Iran set to freeze bank accounts of women who refuse to wear a hijab

2022-12-07T05:11:38+00:00

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The U.S.-based crypto exchange has agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions a...

Kraken settles with US Treasury's OFAC for 'apparent' sanctions violations

2022-11-28T19:13:55+00:00

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