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The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech […] The post The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub appeared first on Bitcoin News. дальше »

2018-9-19 11:55


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The Next ‘Venezuela’? Bitcoin Up Over $8,400 in Iran Amid Hyperinflation

Bitcoin price has risen dramatically in Iran following the government’s decision to grant legal recognition to the country’s cryptocurrency mining industry. Bitcoin Premium Comes to Iran While Bitcoin suffered an almost $1,000 drop in the rest of the world, the top-ranked cryptocurrency was reaching new heights in Iran. дальше »

2018-9-7 21:00


Iranian National Crypto’s Features Revealed as Official Launch Looms Closer

Iran’s national cryptocurrency will be backed by the country’s fiat currency, the rial, and will be distributed in two phases, first as an interbank token and secondly for retail payments. These are some of the features of the digital currency that were revealed by the Informatics Services Corporation (ISC), an institution that develops banking and […] дальше »

2018-8-30 17:00


Iran is Preparing National Rial-Backed Cryptocurrency to Evade US Sanctions

Rogue state Iran has reportedly announced details about its plans to launch and support its own national cryptocurrency, in an attempt to evade sanctions imposed by the Trump administration. Iran Cryptocurrency Will Be Backed By Rial The Republic of Iran is facing an economic crisis due to United States-led sanctions, and its rial fiat currency. дальше »

2018-8-30 21:00


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Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod

No other jurisdiction has changed its stance on cryptocurrencies as quickly as Iran. From being excessively tough on digital coins and ordering banks not to deal with crypto related businesses in April, to creating the final drafts of its state-backed digital currency, the country has come a long way in the crypto world in a […] Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-29 14:20


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Iran Expected to Lift Cryptocurrency Ban in September

The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. дальше »

2018-8-28 21:15


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Iran’s Cryptocurrency to Run on Hyperledger, Top Officials “Support the Idea of Embracing Digital Currencies”

Iran has unveiled a document detailing its plans for a national digital currency that is to run on a private blockchain based on the Hyperledger Fabric. We haven’t seen the document... The post Iran’s Cryptocurrency to Run on Hyperledger, Top Officials “Support the Idea of Embracing Digital Currencies” appeared first on Trustnodes. дальше »

2018-8-28 17:55


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Iran: Central Bank Figure Hints Cryptocurrency Ban Will End In September

Iran will likely reverse its cryptocurrency ban in September, a central bank official told a conference August 26, paving the way for official regulation in the country. Regulators Revisit April Exchange Block The country, which introduced a blanket ban on trading in April this year, has since seen economic turmoil return to its economy in light of fresh US sanctions, its national currency losing a significant chunk of its value since. дальше »

2018-8-27 13:00


Looming US Sanctions Lead Iran to Develop a National Digital Currency

Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not […] дальше »

2018-7-29 00:00