Iran

Falling from Grace: Iran Changed its Stance on Cryptocurrency Mining and Began Hunting Miners
Jun 24, 2021 at 11:22
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Falling from Grace: Iran Changed its Stance on Cryptocurrency Mining and Began Hunting Miners
Iran has long been known as a crypto-friendly nation, but in the recent past it has changed its view towards this emerging industry. Currently, authorities in Iran are in the process of arresting bitcoin and cryptocurrency miners on a large scale. The move is a threat to the entire cryptocurrency industry as it cripples its planned growth.
Cryptocurrency Mining Sector in Iran Suffers Heavily Due to the Ban on Activities, Miners Work Undercover
May 27, 2021 at 14:46
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Cryptocurrency Mining Sector in Iran Suffers Heavily Due to the Ban on Activities, Miners Work Undercover
The condition of cryptocurrency miners in Iran is continuing to worsen as the government imposes a ban on the mining activity citing high energy consumption of the operation that have been causing power outages in the country. The poor Iranians who have been depending on crypto-mining will suffer more due to the government decision to prohibit mining during hot summer months.
Energy Blackouts Cause Trouble for Mining Industry in Iran; Government Hunts Down Illegal Businesses
Jan 26, 2021 at 09:27
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Energy Blackouts Cause Trouble for Mining Industry in Iran; Government Hunts Down Illegal Businesses
Following the recent blackouts in major cities, Iran has started hunting for illegal businesses that are using the government's electricity to mine bitcoin (BTC) and other cryptocurrencies. What does this mean for the Blockchain and cryptocurrency industry?
Iran will Buy Foreign Cars Using Locally Mined Cryptocurrency
Sep 16, 2020 at 11:58
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Iran will Buy Foreign Cars Using Locally Mined Cryptocurrency
Due to the hyperinflation of the local currency, Iran is planning to use locally mined cryptocurrency for car import.
President of Iran Instructs Government to Draft a National Crypto Mining Strategy
May 24, 2020 at 09:43
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President of Iran Instructs Government to Draft a National Crypto Mining Strategy
The Iranian President, Hassan Rouhani, has urged a re-think of the national approach to the cryptocurrency mining sector.
Iran to Apply Currency Smuggling Laws to Cryptocurrency Transactions
May 23, 2020 at 14:52
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Iran to Apply Currency Smuggling Laws to Cryptocurrency Transactions
The Iranian government has expressed its intention to apply the ‘Prevention of Commodity and Currency Smuggling’ to cryptocurrency transactions.
Can Cryptocurrency Mining Save Iran from the US Sanctions?
May 08, 2020 at 14:39
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Can Cryptocurrency Mining Save Iran from the US Sanctions?
Iran, a country badly hit by US economic sanctions, now looks to crypto and blockchain technology investments as an alternative. Namely, it creates really favourable conditions to boost its cryptocurrency mining industry and attract companies from all over the world.
How Trump’s Sanctions on Tehran Are Affecting Bitcoin and Gold Prices
Jan 18, 2020 at 11:29
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How Trump’s Sanctions on Tehran Are Affecting Bitcoin and Gold Prices
As of the recent political events between the long term sworn enemies of the United States and Iran, new measures have been reintroduced by the former. The United States under the Donald Trump administration imposed fresh economic sanctions on Iran. Following the sanctions aftermath prices of commodities like Bitcoin and Gold started to steadily enter a bull run.
Countries that Changed their Cryptocurrency Laws in 2019
Jan 03, 2020 at 08:25
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Countries that Changed their Cryptocurrency Laws in 2019
As we welcome the year 2020, we look back to what transpired in the 12 months of 2019. In this article we shall review the countries who changed their cryptocurrency regulation most in the year 2019.
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