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Iran makes $10M import with crypto, plans 'widespread' use by end of Sept
10.8.2022
Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals
Iran to lift Bitcoin mining ban in September
23.8.2021
Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months
Iran Authorizes Banks and Currency Exchangers to Use Cryptocurrencies to Pay for Imports
27.4.2021
The Central Bank of Iran has authorized banks and currency exchangers to use cryptocurrencies mined by licensed crypto miners in the country to pay for imports. Meanwhile, a bill is being drafted to provide regulatory clarity regarding crypto-related activities. Using Cryptocurrencies to Pay...
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...