Iran allows exclusive use of cryptocurrencies to fund imports
The Iranian government has amended its regulations on cryptocurrencies to allow them be exclusively used for funding imports at a time of…
Tag Archives: cryptocurrency
Iran issues license for biggest bitcoin mining farm: Report
Press TV – iMiner, a cryptocurrency company registered in Turkey, has been granted a license to mine digital coins and offer trading…
Iran has a bitcoin strategy to beat Trump
Foreign Policy | Tanvi Ratna: As the United States expands its sanctions, Iran has been ramping up its use of cryptocurrencies to get…
1,000 cryptocurrency miners given permits
Financial Tribune – The Ministry of Industries, Mining and Trade has issued 1,000 plus licenses for cryptocurrency mining units so far, an…
Govt. introduces new rules to regulate cryptocurrency market
Tehran Times – Iranian government has introduced new rules for regulation of cryptocurrency market as more people enter the market to access…
Importing cryptocurrency mining equipment bound to industry ministry’s permit
Tehran Times – The Islamic Republic of Iran Customs Administration (IRICA) has announced that clearing cryptocurrency mining systems and equipment requires necessary…
Iranian government authorises cryptocurrency mining amid US sanctions
Sputnik – The Iranian cabinet has allowed tech firms to start mining cryptocurrencies but warned about potential risks, the presidential office said…
No license issued for importing ‘miner’ into country
MNA – Deputy President of the Islamic Republic of Iran Customs Administration (IRICA) Jamal Arounaghi said on Sunday that any license has…
IT minister calls for regularization of Bitcoin mining in Iran
MNA – Iran’s Minister of Information and Communications Technology Mohammad Javad Azari Jahromi urged the regularization of bitcoin mining business in Iran…
Bitcoin mining taking toll on Iran power network
Financial Tribune – The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy…
Iranian cryptocurrency miners need to pay real electricity prices
Financial Tribune – Electricity bills for cryptocurrency miners should be calculated in real prices, a deputy energy minister said in Tehran at…
Iran’s top banks launch blockchain platform to boost ailing banking system
Al Monitor | Maziar Motamedi: The biggest players in Iranian banking have joined forces in an effort to empower an ailing banking…
Facing a damaging ban, Iran’s crypto community seeks policy breakthrough
Bourse and Bazaar | Maziar Motamedi: For decades, Iranians have had to contend with almost complete isolation from international payment systems due…
Russia, Europe, Asia interested in Iran cryptomining
Press TV – A blockchain and cryptocurrency research lab has been set up in Iran, says the head of the company contracted…
Central Bank of Iran releases draft policy on cryptocurrency
Financial Tribune – The CBI reemphasizes that the spread of cryptocurrencies will have potential ramifications for monetary and foreign exchange polices T…
Iran immediately launching its own cryptocurrency to build Iranian version of SWIFT
Coingape – The latest report unveils Iran’s upcoming move of launching state-backed cryptocurrency this week. The move is intending to skirt US sanctions and…
Iranian government warns public against Telegram’s coin
CryptoNewsZ – Authorities in Iran has taken steps against the popular encrypted messaging application Telegram. The nation has warned Iranian citizens against…
US Congress seeks sanctions on Iran’s cryptocurrency efforts: report
MNA – US lawmakers have introduced a bill this week in Congress to undermine Iran’s efforts to develop its own cryptocurrency. According…
Renewed warning on cryptocurrency trade in Iran
Financial Tribune – Trade in cryptocurrency and bitcoin is legally prohibited and no permission, either from Central Bank of Iran or other…
Russia could help Iran make its economy crypto – Pundit
Sputnik – The Russian Association of Crypto-Industry and Blockchain (RACIB) has signed a cooperation agreement with Iran Blockchain Labs – one of…
Iran could turn to cryptocurrencies to evade some sanctions
MNA – Brigadier General Gholamreza Jalali, the head of Iran’s Passive Defense Organization, has said “cryptocurrencies are untraceable in the financial and monetary system…
Fincen claims Iran using crypto to evade sanctions
Bitcoin News – The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions…
Iran: Crypto trading continues to decline since CBI ban
Financial Tribune – Cryptocurrency transactions in Iran have significantly declined since April when a blanket ban came into effect. As Sepehr Mohammadi,…
Iran government to authorize crypto hardware imports
Financial Tribune – Key entities in Iran’s government are preparing to officially endorse the import of hardware required to mine cryptocurrency in…
Iran legalizes cryptomining, moves toward national cryptocurrency
Sputnik – Iran appears to be loosening its restrictions and jumping on the cryptocurrency bandwagon. The country’s recent move to legalize cryptomining…
Iran cryptocurrency document drafted
Financial Tribune – The draft of the document on the national Cryptocurrency has been prepared at the behest of President Hassan Rouhani,…
Iran closer to own digital money as sanctions loom
Press TV – Iran says it is preparing to develop its own digital currency as a solution which officials in Tehran say…
Iran and Russia consider using cryptocurrency to evade US sanctions: Report
CNN – Iran and Russia could turn to cryptocurrency as a solution to evade Western financial sanctions and reduce their dependence on…
Iranians’ crypto purchases surpass $2.5 billion
Financial Tribune- Iran has so far witnessed a capital flight exceeding $2.5 billion in the form of cryptocurrency purchases, the head of…
Iran’s currency tensions spur crypto ban
Al-Monitor | Maziar Motamedi: Last week, Iran joined the growing list of nations to crack down on cryptocurrencies. But why did it…
Iran cryptocurrency project on track despite cenbank ban, minister says
Reuters – Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country’s central bank banned…
Iran central bank bans cryptocurrency dealings
Reuters – Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news…