Cryptocurrencies in Iran

The Central Bank of Iran is not capable of regulating cryptocurrencies, says the head of the Iran Blockchain Association, calling for creating an independent council to get the job done.

The CEO of an Iranian cryptocurrency exchange claims that domestic platforms account for the majority of transactions by traders in the country. 

The governor of Central Bank of Iran said on Sunday the national cryptocurrency will enter the pilot stage in the near future, without providing further details. Speaking to reporters on the…

Iran Power Generation, Distribution and Transmission Company, Tavanir, has warned about the possibility of power cuts in winter, considering the persisting pressure on the national grid…

The CEO of Tehran Stock Exchange Ali Sahraee submitted his resignation after unregistered cryptocurrency mining equipment was discovered in the TSE premises.   Reports about illegal crypto…

Lawmakers are trying to steer clear of restrictive measures related to innovative technologies including cryptocurrencies, saying limitations on new technology is no solution.

A recent study by the Majlis Economic Commission has recommended a new approach to the cryptocurrency industry to be able to use it in improving the economy.   The results the research,…

Iran Power Generation, Distribution and Transmission Company (Tavanir) says whistleblowers helped in almost 20% of the total illegal cryptomining farm detections since the beginning of the…

Closing unauthorized cryptomining farms to prevent blackouts remains on the agenda of the Iran Power Generation, Distribution and Transmission Company (Tavanir) as demand for electricity remains…

The Central Bank of Iran needs to adopt an appropriate approach to the cryptocurrency industry as a whole including the central bank digital currencies to remain abreast of  …

An official at the Ministry of Industries, Mining and Trade denied “exaggerated” claims by the Iran Power Generation, Distribution and Transmission Company (Tavanir) about the role of illegal…

Iran Power Generation, Distribution and Transmission Company (Tavanir) said it shut more than 5,000 cryptomining farms across the country as part of a plan to help improve and stabilize the…

The Iran Power Generation, Distribution and Transmission Company (Tavanir) said the ban on cryptocurrency mining imposed by the Ministry of Industries, Mining and Trade will be lifted on Sept 22…

Iran's Securities and Exchange Organization has no plan for hosting cryptocurrency trade in the capital market, head of the organization said. "The SEO [so far] does not have plans for the…

The Iranian National Tax Administration has prepared a draft proposal for taxing cryptocurrency exchanges and called on the relevant regulatory bodies to pave the way for legalizing the crypto…

Cryptocurrency regulations approved by the Tehran government in 2019 do not prohibit the swapping of cryptocurrencies, the Vice Presidency for Legal Affairs said in response to an inquiry by the…

Iran Power Generation, Distribution and Transmission Company (Tavanir) has warned the Central Taskforce to Combat Smuggling of Goods and Foreign Currency about a possible flood of Chinese…

A board member of the Tehran Chamber of Commerce, Industries and Mines has urged the government to make an informed evaluation of the views and recommendations of professionals and experts and…

Iran Power Generation, Distribution and Transmission Company (Tavanir) shuts almost 50 illegal crypto farms every day as it tries to alleviate the worsening power shortages, the company…

Lawmakers reportedly have a plan for disciplining the cryptocurrency market, one of the articles of which requires licensed miners to regularly report the Central Bank of Iran regarding their…

The Ministry of Industries, Mining and Trade has issued license for 30 cryptomining units, according to the figures published on ministry website. Semnan Province accounts for the largest…

Unauthorized cryptominers consume as much as half the total daily power used in Tehran City, an official with the Iran Power Generation, Distribution and Transmission Company (Tavanir) said.

The Interior Ministry suspended the Iran Blockchain Association following reports it was in breach of rules and operated against its articles of association.

ICT Minister Muhammad Javad Azari Jahromi has proposed transforming Iran’s Kish Island in the Persian Gulf into a hub for domestic and international cryptocurrency exchanges. This is while…

The move to shut illegal cryptomining farms has gained pace in recent weeks following the President Hassan Rouhani's order on banning cryptomining by the end of summer to alleviate pressure on…