Iran


Markets

Iran Legalizes Crypto Mining

Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates.

Iran flag (Credit: Shutterstock)

Markets

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.

(Shutterstock)

Markets

Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister

Low electricity costs make Iran a popular mining destination. That could change.

iran_banknote_bitcoin

Markets

LocalBitcoins Bans Bitcoin Buying in Iran in Blow to Rising Crypto Commerce

Another crypto buying and selling service has banned Iranian users, pushing them toward anonymous decentralized exchanges.

iran, shiraz

Markets

Iran's Crypto Regulations: What's Happening Behind Closed Doors

The Central Bank of Iran's draft crypto framework has the local community worried, and getting it changed will not be easy.

iran, regulation

Markets

Bitcoin's Lightning Torch Enters Iran as Payment Experiment Blazes On

Bitcoin's lightning torch has made it to Iran – a milestone participants feel shows the payment network's censorship resistance.

shutterstock_1161394468

Markets

Blockchain Startups Are Modernizing Iran's Financial Infrastructure

Sources in Iran say the country's financial sector is taking clear steps toward a state-backed token economy.

Tehran iran money changer

Markets

Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

View of the Azadi Tower. Tehran, Iran.

Markets

Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country.

shutterstock_1161394468

Markets

US Lawmakers Seek Sanctions Against Iran's Cryptocurrency Efforts

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

shutterstock_1161394468