Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. …View More Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called…View More Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises
Per a May 4 report from local outlet Mehr News, Iran’s new ‘Reforming Monetary and Banking Law’ has passed in parliament. The new law dictates…View More Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K
Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country. With 6,000 rigs, iMiner’s setup…View More Iranian Authorizes Issue License for 6000-Rig Crypto Farm
While Telegram isn’t giving up its ongoing legal battle with United States regulators to launch its TON blockchain project, some online perpetrators are taking advantage…View More Unofficial Iranian Telegram Applications Leak Data of 42M Users
This week an Iranian general called for a unique way to bypass the sanctions on his country enforced by the United States. Saeed Muhammad, commander…View More Iranian General Calls for use of Crypto to Evade Sanctions
Iran’s Ministry of Industries, Mining and Trade has issued over 1,000 cryptocurrency mining licenses to domestic operations. According to a report published on Jan. 24…View More Iranian Authorities Have Issued 1,000 Licenses for Cryptocurrency Mining
In the summer of 2019, the 10-year minus 3-month yield curve inverted for the first time in 13 years. During the time of the inversion,…View More Is Bitcoin a Safe Haven for Your Money?
Recently, the cryptocurrency mining community has been shaken with rumors of Chinese miners leaving Iran — where crypto mining is authorized as an industrial activity…View More Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?
For one week, the Iran–United States military crisis gripped the crypto community. It began on Jan. 3 with a U.S. drone strike on a convoy…View More Crypto Community Eyes US–Iran Crisis As Tensions Flare