New regulations for cryptocurrency mining was approved by the government on Sunday. The Ministry of Industry, Mine and Trade now has permission to resume issuing licenses for cryptomining, the minister said.
"The Cabinet reviewed the new rules and some parts were approved during the meeting. The Ministry of Industries will start issuing licenses for the miners and mining centers," Reza Fatemi Amin was quoted as saying by the website Way2pay.ir.
"The regulations are comprehensive covering a wide range of issues related to the crypto industry, including their power needs and authorization mechanism," he Fatemi Amin added.
Add new comment