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Iran to reportedly pilot central bank digital currency soon
19.1.2022
The Central Bank of Iran hinted at a possible CBDC pilot soon without elaborating on the time frame of the program
Iran to Permit Use of Cryptocurrencies in International Settlements, Reports Reveal
11.1.2022
Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to...
Iran to allow crypto payments for international trade: Report
11.1.2022
Iran is reportedly looking to unlock opportunities for importers and exporters to use crypto in international deals
Iran Reportedly Set to Allow Digital Currencies Usage for International Payments
11.1.2022
Iran is reportedly set to finalize a scheme that would allow merchants to use digital currencies in international trades.
According to a local media outlet, Alireza Peyman Pak, head of the Trade Promotion Organization of Iran, said that the country's Central Bank reached an agreement with...
Ethereum Co-Founder Vitalik Buterin Talks Argentina, BCH, Stablecoins, Scaling in Tweetstorm
3.1.2022
Vitalik Buterin, the co-founder of Ethereum, the second-biggest cryptocurrency by market cap, has reacted to some of his earlier beliefs in a new year’s tweetstorm. The developer touched on some subjects including the rise of cryptocurrency in Argentina and how stablecoins are thriving...
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity
30.12.2021
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...
Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings Slowdowns
28.12.2021
Cold weather in some of Bitcoin (BTC) and crypto mining’s hotspots is bringing bad tidings for the industry – with power interruptions experienced in Kazakhstan and the government intervening in Iran....
Read More: Winter’s Here for Bitcoin Miners in Kazakhstan and Iran as Cold Weather Brings...
Iran halts authorized crypto mining to save energy for winter
27.12.2021
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
26.12.2021
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...
New Crypto and Blockchain Association Launches in Iran
1.12.2021
A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s...
Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs
10.11.2021
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power...
Iran Blockchain Association head calls for special council on crypto laws
4.11.2021
The Blockchain Association is offering to assist with crypto regulations in the Islamic state
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified
4.11.2021
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal...
Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges
1.11.2021
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims....
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
19.10.2021
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
13.10.2021
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule...
Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office
1.10.2021
The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in...
Billion dollar Bitcoin mining industry resumes in Iran after three month ban
1.10.2021
The extreme heat of the summer has subsided, so crypto mining has been given the green light as it can no longer be blamed for stressing the electricity grid
Tehran Stock Exchange CEO resigns following discovery of Bitcoin miners in basement
29.9.2021
Iranian authorities have conducted many raids on crypto miners in abandoned factories, homes, and small businesses — nothing quite as high profile as the country's largest stock exchange
Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations
22.9.2021
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption...