Iran gives power plants green light to process digital currencies
Power plants in Iran can start engaging in block reward mining activities, but only if they don’t use subsidized fuel.
The Latest Iran News
Iran takes further steps to regulate block reward mining
Iran has rolled out a government decree designed to tighten its control over the block reward mining industry and stamp out illegal operators.
Digital currency exchange Bitisis goes bust
The collapse of Iranian exchange Bitisis has prompted an investigation from police in China.
Iran might revise digital currency transaction processing rules
The Iranian government is going to revisit its current framework around the transaction processing industry and adjust as they see fit.
Iran’s new tough laws clamp down on digital currency exchanges
Iran has clamped down on the digital currency industry even further, with new laws requiring that all digital currency exchanges be licensed by the central bank.
Iran’s embrace of digital currency deepens
iMiner will invest $7.3 million in setting up the facility, where 6,000 machines are expected to generate 96,000 TH/s of computing power.
Rogue regimes embracing crypto to evade sanctions
Unfortunately, not all foreign states are using cryptocurrencies for reputable purposes.
Iranian leader urges the country to use crypto to evade sanctions
The Iranian general urged the nation to seek more sophisticated measures to counter the mounting international sanctions, including the use of cryptocurrencies
Over 1,000 crypto miners secure licenses in Iran
The Iranian gov’t has issued licenses to over 1,000 crypto miners as it seeks to take the industry mainstream. It estimates crypto mining will add $8.5B.
This week in tech: Asia shows the blockchain world how it’s done
From Thailand’s e-visa to India’s Tata consultants, America’s AMD to China’s TikTok, blockchain is ending the year on a high as more global giants adopt.
Can Muslim crypto fight US economic dominance? Iran thinks so
The President of Iran has called on Muslim nations to develop a cryptocurrency that could help them avoid using the USD, reducing the U.S economic dominance.
Crypto miners in Iran face new energy tariffs
The new rules include restrictions on the use of subsidized electricity, with a bounty of up to 20% of recoverable damages payable to anyone identifying illegal mining operations.