Cryptocurrencies in Iran

Iran Power Generation, Distribution and Transmission Company (Tavanir) announced new restrictions on supplying electricity to cryptomining centers for three months.  In a letter to the…

Iran Center for Development of E-Commerce, a regulatory body affiliated to the Ministry of Industry, Mine and Trade, has announced a new mechanism allowing cryptocurrency exchanges obtain online…

Iran's Trade Promotion Organization (TPO) says the country will soon start using cryptocurrency to pay for imports.  Alireza Peymanpak, the TPO chief, said that the Central Bank of Iran…

Cryptocurrency business leaders discussed the challenges and roadblock’s they face with President Ebrahim Raisi in a meeting last week.  The meeting was held to discuss the views and…

Iran’s Energy Ministry has required owners of cryptomining hardware to register data related to themselves as well as the location of their devices in the Comprehensive Trade System of the…

The Central Bank of Iran says the pre-pilot phase of its Central Bank Digital Currency project, CryptoRial, is complete and now in its pilot phase. 

The Majlis Economic Commission and the government are collaborating to prepare a comprehensive plan for regulating cryptocurrencies, Mohammad Reza Pourebrahimi, the head of the commission, said…

Parliament has again called for developing comprehensive regulations for cryptocurrency trade.

The Central Bank of Iran says it will make the CryptoRial, a central bank digital currency, available to the public within two weeks. Peivast Magazine on Thursday quoted an official from the…

A special taskforce to integrate efforts for regulating cryptocurrencies has been set up by the government.  The National Taskforce of Cryptocurrencies held its first meeting in Tehran…

The Organization for Collection and Sale of State-Owned Property says it has returned a part of seized cryptomining equipment to their owners after it was obliged to do so by the courts. …

First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019.

Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data…

The Central Bank of Iran on Monday revealed a draft of its central bank digital currency (CBDC) project whitepaper, known as the crypto-rial and called for recommendations before moving forward…

The Central Bank of Iran has launched a pre-test phase of the Crypto-Rial, the central bank digital currency, the governor said Wednesday. 

While the Central Bank of Iran plans to pilot its long-awaited central bank digital currency (CBDC) project, the Crypto-Rial, by November, experts has expressed strong reservations about the…

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…

Iran's Trade Promotion Organization said $10 million in cryptocurrency was used recently for settling an import bill. Alireza Peymanpak, the TPO chief, made the announcement in a tweet noting…

Russia’s State Duma supports building ties with Iran and the Central Bank of Iran, says Anton Tkachev, deputy of the State Duma, noting that the two countries need to make better use of…

Iran Power Generation, Transmission and Distribution Company, Tavanir, announced new severe measures to discourage unlicensed cryptomining. 

Economy Minister Ehsan Khandouzi said Sunday that the government has a positive but rules-based approach towards cryptocurrencies "Policymakers have gone overboard in pushing opposing views…

Efforts to alleviate pressure on the national power grid by closing cryptocurrency mining centers have increased with the arrival of the hot summer and peak consumption season. 

Iran Power Generation, Transmission and Distribution Company (Tavanir) has again told all cryptocurrency miners to suspend work during the three summer months. Mostafa Rajabi Mashhadi, the…

The government is drafting new measures to further reduce unauthorized cryptomining in the country.  According to Mohammad Khodadadi, the official in charge of supplying power to legal…

The central bank’s digital currency project, known as crypto-rial, will not replace the banking system and is being designed to add smart features to the currency.