Iran


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Iran Legalizes Crypto Mining

Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates.

Iran flag (Credit: Shutterstock)

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Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.

(Shutterstock)

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Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister

Low electricity costs make Iran a popular mining destination. That could change.

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LocalBitcoins Bans Bitcoin Buying in Iran in Blow to Rising Crypto Commerce

Another crypto buying and selling service has banned Iranian users, pushing them toward anonymous decentralized exchanges.

iran, shiraz

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Iran's Crypto Regulations: What's Happening Behind Closed Doors

The Central Bank of Iran's draft crypto framework has the local community worried, and getting it changed will not be easy.

iran, regulation

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Bitcoin's Lightning Torch Enters Iran as Payment Experiment Blazes On

Bitcoin's lightning torch has made it to Iran – a milestone participants feel shows the payment network's censorship resistance.

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Blockchain Startups Are Modernizing Iran's Financial Infrastructure

Sources in Iran say the country's financial sector is taking clear steps toward a state-backed token economy.

Tehran iran money changer

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Gold-Backed Cryptocurrency Launched by Iranian Banks: Report

Four Iranian banks have reportedly teamed up with a blockchain startup to launch a gold-backed cryptocurrency called “PayMon.”

View of the Azadi Tower. Tehran, Iran.

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Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests

The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country.

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US Lawmakers Seek Sanctions Against Iran's Cryptocurrency Efforts

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

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