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.
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.
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.
Bittrex can now allow customers in Iran, Cuba, Syria and Crimea to access their funds, if conditions are met.
The country is reviewing a proposal that would require miners to register their operations on a yearly basis.
Iran is slowly progressing towards legalizing and regulating cryptocurreny.
Settling the matter for now, Iran has signaled that it will permit cryptocurrency mining.
After a confusing back and forth over the legality of crypto mining, Iran is taking steps to regulate the process.
Despite recent reports, Iran is still a very risky place to become a crypto miner.
Iran is looking to legalize crypto mining in an effort to wiggle out of its economic hardship.
Two Iranian leaders cant seem to agree on if Iran has made crypto activity illegal yet, causing plenty of confusion.
Iran officials are planning to shut off all power to crypto mining operations until further notice as the power shortage continues to affect the country.
Iran may start cracking down on cryptocurrency mining for its heavy burden on the country’s power grid.