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Billion-dollar Bitcoin mining Sector Back to Business After Ban Lifted

The Iranian has reportedly granted the greenlight to licensed crypto miners to get back to their operations starting October 1st, lifting a ban lasting for three months by former President Hassan...

Natalie Wu | Oct 04, 2021 11:51

Iran’s Tax Agency Called For Regulatory Greenlight For Crypto Exchanges

The Iranian National Tax Administration (INTA) is reportedly urging for the establishment of a legal framework, dedicated to the taxation of operational crypto trading platforms across the nation. ...

Shannon Wilson | Aug 13, 2021 17:59

Proposed Bill Aim to Limit Crypto For Payments to State-licensed Mining Operations

The Iranian Parliament Commission on Economy has reportedly put up a new bill, looking to adjust the crypto use across the nation, and offer a more clearly established miners-focused legal...

Shannon Wilson | Jul 05, 2021 20:21

Iranian Trade Ministry Finalized Issuance Of 30 Crypto Mining Licenses

Iran’s Ministry of Industries, Mining, and Trade has reportedly finalized the issuance of operating licenses for 30 crypto mining facilities locally, as revealed by Financial Tribune. ...

Natalie Wu | Jun 29, 2021 16:25

Proposal Submitted to Iran Government for Utilizing Crypto Mines to Fund Car Imports

A proposal for adding crypto, nominally bitcoin, to the list of accepted payment methods for car imports on Kish Island has reportedly been submitted to the Iranian authorities. Specifically, the...

Shannon Wilson | Sep 26, 2020 17:13

Crypto Mining Firm Obtain Regulatory Greenlight From Iran Government to Operate Locally

Crypto mining firm iMiner has reportedly successfully obtained the regulatory green light from the Iranian Ministry of Industry, Mine and Trade, to normally function locally. Specifically, the...

Shannon Wilson | May 04, 2020 17:51

Iranian Authorities Arrested Crypto Mining Parts Smuggler and Confiscated 117 Pieces

The police in an Iranian province has brought into custody a smuggler, illegally bringing crypto mining machines into the region, as reported by Fars News on July 31. Specifically, the...

Shannon Wilson | Aug 04, 2019 03:49

Iranian Banks to Issue Gold-Backed Cryptocurrency

A gold-backed cryptocurrency has reportedly been launched in Iran. The new currency was developed by blockchain startup Ghoghnoos Company in consultation with four Iranian banks: Bank Mellat, Bank...

Warren Hayes | Feb 08, 2019 12:01

Iran Moves Toward Liberalizing Crypto Use

Details are beginning to emerge from Iran as to how the heavily US-sanctioned nation is making effort to bypass its very economic and financial restrictions – by leveraging the use of...

Warren Hayes | Feb 05, 2019 04:08

Iranian Central Bank Suggests Banning Crypto for Payments

The Central Bank of Iran recently comes up with a plan to limit the use of crypto as a payment option in the country. Accordingly, the draft report named “Obligations and Rules Regarding...

Shannon Wilson | Feb 03, 2019 04:04