Tag: Iran

Iran has Over 1,000 Licensed Crypto Mining Operations

Iran may prove to become a very interesting region for all cryptocurrency activities. The government has begun issuing licenses to crypto mining firms, and the overall interest in this business model is picking up. The licensing model in Iran is worthwhile to keep an eye on. Crypto Mining is Booming in Iran Every cryptocurrency mining firm in the country must obtain an official license. The process for doing so is …
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Iranian General Prefers Using Bitcoin to Bypass US Sanctions

Using cryptocurrencies is often associated with dubious and illegal activities. In Iran, one general advocates for using Bitcoin, as it helps evade government sanctions. It is uncanny how the public perception of cryptocurrencies continues to shift. Bypassing Sanctions With Bitcoin Advocating the use of Bitcoin and altcoins to evade government sanctions may be a bridge too far. Iranian general Saeed Muhammed is convinced that this is the right path to …
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Iranian Government Mulls Enforcing Extra Rules for Crypto Miners

The current status of cryptocurrency in Iran raises a lot of questions. While not officially banned, there are a fair few restrictions which apply in the country. It now seems cryptocurrency miners will need to adhere to new rules in the near future. Although not an official law just yet, there will be some interesting changes regardless.  More Data Aggregation It is not entirely surprising to learn the Iranian government …
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Officials Seize Hundreds of Bitcoin Mining Machines in Iran

Bitcoin is a very unique form of money which is often misunderstood. Especially when it comes to mining cryptocurrencies, there are a fair few misconceptions. In Iran, the mining of cryptocurrency has turned into a political debate. Despite there not being any official law prohibiting this industry, several hundred miners were confiscated this week.  A Further Bitcoin Mining Crackdown in Iran It is very interesting to keep an eye on …
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