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Iran's largest Bitcoin mining facility resumes operations after Chinese bailout

On one hand, the Bitcoin spot market has been witnessing a surge, while on the other, the mining industry in certain regions is being stifled. After remaining shut for four months, Iran's largest BitcThe post Iran's largest Bitcoin mining facility resumes operations after Chinese bailout appeared first on AMBCrypto. дальше »

2021-4-15 20:00


Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions

With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »

2020-10-31 19:08


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Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank

Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable the country’s central bank to fund imports with bitcoin legally mined in the country, […] The post Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank appeared first on Bitcoin News. дальше »

2020-10-30 16:55


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Power Plants in Iran Now Authorized to Mine Bitcoin

Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs […] The post Power Plants in Iran Now Authorized to Mine Bitcoin appeared first on Bitcoin News. дальше »

2020-7-29 13:45


Iranian Crypto Miners Must Register Identities, Rigs, and Overall Size With the Government

Iran is one of the few countries that has embraced cryptocurrency mining as a legal business in a bid to increase revenues and escape the tough economic U.S. sanctions placed on the country. In a bid to regulate the crypto mining industry and eliminating confusion within the industry, the government will place monitoring controls on […] дальше »

2020-7-8 17:34