Business And Markets

Crypto Mining Rules Expounded

Crypto Mining Rules Expounded    Crypto Mining Rules Expounded

The government says it recognizes mining of cryptocurrencies as an industrial undertaking and sent a directive to the relevant government bodies at the weekend.  
Rules primarily include details regarding procedures on granting permission to miners, price of electricity, taxation and earnings repatriation. 
In a talk with ISNA, the Energy Ministry spokesman for power department, Mostafa Rajabi discussed ways about implementing the rules. 
Rajabi said crypto miners “should first receive special permits” from the Ministry of Industries. 


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