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Chinese investors reboot Iranian Bitcoin mining facility
15.4.2021
A Chinese-Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year
1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein
9.3.2021
While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that...
Iran Lends Plans to Engage in Bitcoin Mining To Avoid International Sanctions
5.3.2021
The Iranian Center for Strategic Studies has released a detailed report highlighting the urgency for the state to venture into cryptocurrency. The exclusive report emphasizes the need for cryptocurrency adoption and setting up mining in the region to boost revenue generation. The strategy thinktank...
An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...
Another crypto firm hit with fines for violating U.S. sanctions
18.2.2021
BitPay apparently screened merchants but not customers
ConsenSys Grants Help Iranian Women Learn Solidity
13.2.2021
The Ethereum incubator's instructional program offers scholarships to help developers get started with coding in Solidity
Law Decoded: All vs. One and One vs. All, Jan. 22-29
29.1.2021
In a week that saw meme-driven investors rail against Robinhood in what coverage painted as a David and Goliath story, considerations of who exactly policy should defend flared up
Inside Iran’s Onslaught on Bitcoin Mining
28.1.2021
Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream
Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
27.1.2021
As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency...
Iranian government reportedly moving to block Signal messaging app
26.1.2021
Rumors are circulating in Iran that authorities already have access to messages on WhatsApp, one of the few unblocked platforms in the country
Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining
23.1.2021
A country where Bitcoin once looked primed to flourish is now attempting to scapegoat the cryptocurrency
Why Pakistan and the Middle East can bet on crypto mining
19.1.2021
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
19.1.2021
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s...
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
Crypto mining allegedly worsening air pollution in Iran
14.1.2021
Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities
Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report
6.1.2021
The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution
Iran Shuts Down 1,620 Cryptocurrency Mining Farms
6.1.2021
Since Iran began recognizing cryptocurrency mining as an industry, it has reportedly shut down 1,620 unauthorized crypto mining farms. Crypto miners initially welcomed the recognition but later said that the electricity tariffs were too high. 1,620 Crypto Mining Farms Shut Down in Iran Iranian...
Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...
Venezuela ramps up Bitcoin payments for imports from Iran and Turkey
10.12.2020
Venezuela President Nicolás Maduro claims the country will “use all the cryptocurrencies in the world” to bypass U.S. sanctions