Iran Gov't Preparing Tougher Rules for Crypto Industry

The government has prepared a new bill to regulate the work of cryptocurrency mining centers.
Observers, however, say the new bill has failed to address drawbacks and deficiencies in the existing regulations that have reportedly deprived the sector of growth it deserves. 
The new bill, according to Way2pay website, bans cryptomining and all related services, including importing, producing, selling and installing mining hardware, except for those with a valid license from the Ministry of Industries, Mining and Trade. 
It is supposed to replace rules announced by the former administration in which mining virtual currency was legal and miners were allowed to operate under rules approved by the government.
While cryptomining is legal in Iran, unauthorized farms have cropped up with increasing speed using subsidized electricity because they must pay much higher tariffs if they operate with a permit.