Iran Completes First Stage of Trials with its CBDC
The Central Bank of Iran is planning to issue its own token, which will be used to bypass Western financial sanctions.
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Iran Uncovers 6,914 Illegal Crypto Mining Farms
Iranian law enforcement authorities have identified and shut down a total of 6,914 illegal crypto mining farms since 2020.
Iran Tightens Penalties for Illegal Cryptocurrency Mining
Iranian authorities have increased the penalties for illegal mining of cryptocurrencies using subsidized electricity and introduced prison sentences for repeat offenders.
Iran Will Not Legalize Crypto
Iran’s Deputy Minister of Communications Reza Bagheri Asl has reported the Iranian government has abandoned the idea of legalizing cryptocurrencies in the country.
Iran Allows Crypto Miners to Resume Their Operations
Iran’s Ministry of Industry and Trade (MIMT) has just announced cryptocurrency miners are allowed to resume their operaciones in the country.