Cryptocurrencies in Iran
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May 22,2021In a bid to alleviate the power shortages that have led to rolling blackouts the Iran Power Generation, Distribution and Transmission Company (Tavanir) has told cryptomining units to suspend their... -
May 21,2021A study conducted by the High Council of Cyberspace shows total bitcoin trade in Tehran alone amounts to approximately 30-40 trillion rials ($130-174 million), the council's secretary, said. "...
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May 20,2021The Central Bank of Iran said Tuesday it is no hurry to announce new procedures for cryptocurrency exchanges. "Contrary to recent claims, the central bank is focused on a roadmap for managing the...
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May 17,2021The Iran Fintech Association, an independent body of fintech startups, has responded to attempts by parliament and financial authorities to impose restrictions on cryptocurrency exchanges. In a...
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May 16,2021Legal cryptomining accounts for 13% of the total electricity used by this sector in Iran, the spokesman for the Iran Power Generation, Distribution and Transmission Company (Tavanir) said,...
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May 15,2021The growing interest in investments in cryptocurrencies among Iranians has raised Majlis concerns with the speaker on Thursday calling on financial authorities to exercise caution in dealing with...
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May 10,2021Experts and private sector representatives say the parliament needs to expand the scope of cryptocurrency regulations to cover crypto trade and restrain the bureaucracy tied to obtaining government...
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May 07,2021The Central Bank of Iran on Thursday warned against rampant trade in cryptocurrencies following the deep recession in parallel asset markets. In a notice published on its website, it strongly...
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May 02,2021Iran Blockchain Association has strongly condemned recent moves to block websites, applications and other online platforms active in cryptocurrency trade "This is not the solution. Experience has...
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April 24,2021The Central Bank of Iran said henceforth banks and licensed moneychangers can use cryptocurrency mined by authorized miners in Iran to pay for imports. It said lenders and moneychangers have been...
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April 17,2021Majlis is trying to develop legal framework to allow trade in cryptocurrency, head of the economic commission said. Mohammadreza Pourebrahimi said the commission has done a comprehensive...
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April 11,2021The Energy Ministry's recent move to raise electricity prices for cryptomining has drawn the indignation of miners who claim the measure will tempt illegal mining and capital flight. Those...
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April 07,2021The Energy Ministry Wednesday published new regulations guiding cryptomining work. Miners will be charged 16,574 rials for one kilowatt-hour of electricity, the ministry website reported. It said...
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March 17,2021The Energy Ministry is planning to promote renewable energy for mining cryptocurrencies.
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March 14,2021Twelve cryptomining farms are operating in Iran's free trade and special economic zones, says an official with the High Council of Free Zones and Special Economic Zones. "Miners are allowed to...
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March 05,2021The Iranian Fintech Association, a non-government body formed by fintech startups, has responded to measures announced by the Central Bank of Iran to block payment gateways of cryptocurrency...
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February 20,2021Authorized cryptocurrency miners in Iran have been allowed to resume operations after fuel supply to electricity power plants returned to normal, a spokesperson for Distribution and Transmission...
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February 15,2021The governor of Central Bank of Iran on Sunday announced that his bank has finalized the draft version of regulations for the issuance and use of crypto-rial, a central bank digital currency (CBDC...
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February 02,2021Private companies have called on the government to take efficient measures for the use of cryptocurrency and its mining in way that compatible with the national interest. Iran Chamber of Commerce...
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January 23,2021With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said. "Cryptocurrency worth $9.7 billion is mined annually across...
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January 18,2021Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages across the country...
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January 17,2021President Hassan Rouhani has instructed the security apparatus to find and end illegal cryptocurrency mining following rare power outages across the country.
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January 11,2021As bitcoin and other cryptocurrency prices jump, officials in Tehran have come up with new measures to prevent illegal use of subsidized electricity. According to Mostafa Rajabi Mashhadi,...
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January 02,2021Authorities closed 1,620 illegal cryptocurrency mining farms that were used 250 megawatts of electricity since July 2019, when mining was legalized, spokesman of the Power Generation, Distribution...
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December 30,2020Cryptocurrency could be used to import electronic devices, says Shahab Javanmardi, a member of the Iran Chamber of Commerce Industries Mining and Agriculture, noting that a change in government...
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