Cryptocurrencies in Iran
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June 06,2022The Majlis Research Center, the research wing of the parliament, has assessed the impact of the government ban on cryptomining and closure of unauthorized mining centers, saying that the policy was... -
May 30,2022The Central Bank of Iran plans to launch its digital currency project, known as the crypto-rial by the end of the summer. Governor Ali Salehabadi made the announcement at the opening ceremony of...
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May 28,2022Cryptomining centers' access to the national power grid will be cut during the summer season as electricity consumption peaks. Mostafa Rajabi Mashhadi, spokesman of the Iran Power Generation,...
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May 13,2022Disbanded illegal cryptocurrency mining centers across Iran have reached 6,914 since the crackdown began in 2020 and most were in five provinces including Tehran. According to IRIBnews.ir, total...
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April 26,2022The government is preparing a regulatory framework for trading cryptocurrency and cryptoassets, but no decision has been made to allow trade in digital assets in the capital market, head of the...
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April 20,2022Countries such as Russia and Iran may eventually use cryptocurrency mining to evade sanctions, the International Monetary Fund warned in a report. There’s a risk that sanctioned nations will...
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April 10,2022A draft of rules for holding and trading cryptocurrencies has been finalized and should be approved by the government, says the deputy governor of the Central Bank of Iran for Innovative...
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April 09,2022The Central Bank of Iran has informed banks and credit institutions about regulations related to the crypto-rial, as a central bank digital currency (CBDC). The rules, seen by way2pay.ir, contain...
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April 08,2022Iran Blockchain Association (IBA) has warned the government over hasty measures and unhelpful protocols for the future of cryptocurrency mining. The decentralized nature of the technology renders...
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March 16,2022Cryptocurrency and its underlying technology blockchain are seen as efficient solutions for improving economic conditions in underdeveloped regions. However, data has it that crypto-related...
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March 13,2022A major Iranian cryptocurrency exchange platform, Nobitex, has published a detailed report on its performance in 2021, claiming that it recorded 728% growth in the number of users. The exchange...
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March 02,2022Permission for cryptomining in Iran will henceforth be given only to miners using renewable energy, the Ministry of Industries, Mining and Trade said on Wednesday. Authorized miners can resume...
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March 01,2022Rules for cryptocurrency exchanges are expected to be finalized in the near future, a lawmaker said. "There are several methods under consideration for the work of crypto exchanges. We have set...
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February 09,2022Iran Blockchain Association says it welcomes the government’s plan to legalize cryptocurrencies and digital assets. “Digital assets can be regulated and has now been incorporated into the...
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February 05,2022Almost 5,144 centers involved in illegal cryptomining were shut since last year. Fars News Agency said the collective power consumption of the banned centers was close to 607 megawatts, whereas...
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January 17,2022Iran’s capital market should genuinely consider use of blockchain technology as it can help address some major needs and at the same time create new vistas for reviving the share market, said...
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January 11,2022The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows businesses make use...
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January 08,2022The Central Bank of Iran has completed infrastructure for minting crypto rial as a central bank digital currency (CBDC). The currency will be launched after approval by the Money and Credit Council...
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December 28,2021The Energy Ministry has announced new rules for supplying cryptominers electricity generated from renewable power plants. “Legal miners can enter into agreements with renewable power plants at...
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December 25,2021Iran Power Generation, Distribution and Transmission Company, Tavanir, has asked authorized cryptomining centers to suspend their activities to prevent possible blackouts during winter. In a talk...
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December 06,2021Using renewables would be the best available alternative for cryptominers in Iran insofar as power consumption is concerned given their growing demand for electricity, an official with the Iran...
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November 29,2021Iran Blockchain and Cryptocurrency Association has started operating under the supervision of Iran Chamber of Commerce, Industries, Mining and Agriculture. Mohammad Reza Sharafi, a board member of...
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November 26,2021The 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...
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November 14,2021Illegal cryptomining centers shut by the Iran Power Generation, Distribution and Transmission Company (Tavanir) used 3.84 trillion rials ($16.5 million) in subsidized electricity and inflicted 380...
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November 07,2021The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week.
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