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Iran poised to legalize cryptocurrency mining as potential path out of US sanctions trap

Iran has moved to legalize the mining of bitcoin and other cryptocurrencies, recognizing the energy-consuming digital coin mining as a legitimate industry – and...

Sanctions-hit Iran becoming ‘heaven’ for bitcoin mining, says govt official

An increasing number of Iranians have started turning to cryptocurrencies, in particular bitcoin, with the devaluation of the national currency prompted by US economic...

Sanctions-Slammed Iran A “Heaven” For Bitcoin-Mining, Says Gov’t Official

Authored by Marie Huillet via CoinTelegraph.com, Iranian authorities are wrestling with the rising number of citizens turning to Bitcoin mining and use as a means...

Russia, China, Iran & Venezuela developing crypto to challenge US financial control – study

A new report by the American Foundation for Defense of Democracies (FDD) says the US’ geopolitical adversaries are deploying blockchain technology to help avoid...

Iran Seizes 1,000 Bitcoin Mining Computers Due to Energy Consumption Spike

In the wake of distinguishing a surprising spike in energy utilization, Iranian specialists seized about a thousand PCs being utilized to mine digital currency...

Iran Bitcoin Miners Set Up Shop In Mosques Amid Gov’t Crackdown

Iranian bitcoin miners are moving into mosques as the government launches an energy crackdown, social media users revealed on June 25. CoinTelegraph's William Suberg reports that Iran, which offers...

Iran seizes 1,000 bitcoin mining machines using subsidized power

DUBAI (Reuters) - Iranian authorities have seized about 1,000 bitcoin mining machines in two abandoned factories, state television reported, after warnings that the activity...

LocalBitcoins Has Officially Shut off Service for Iran-based Users

LocalBitcoins has authoritatively stopped administration for Iran-based clients, a move that pursues a long time of rising rial exchanging volumes on the stage. The...

Iran Continues to Embrace Crypto Amidst US Sanctions

The Iranian government, which had sanctioned an all-out restriction on crypto in April 2018, presently shows up ready to acknowledge it and additionally advance...

Bitcoin’s Lightning Torch Enters Iran as Payment Experiment Blazes On

Bitcoin’s “lightning torch,” an ongoing experiment meant to test and showcase the...

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