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Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Iran Orders Crypto Miners to Halt Operations to Prevent Winter BlackoutsAuthorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs

Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining RigsAuthorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges

Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local ExchangesCryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims. Iranians Said to Transfer $180 Million […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law

Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank LawThe central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its own activities. Iran Preps Pilot […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says

Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog SaysWith bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital Market Regulator to Look Into Crypto Trading if Central Bank Regulates […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Iran Raises Alarm Over Potential Influx of Miners From China

Iran Raises Alarm Over Potential Influx of Miners From ChinaWith the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from China. Tavanir Warns […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital CurrenciesIranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries, […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes

Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister ProposesIran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners. Iran ICT Minister Says Gulf Island of Kish Has What It Takes to Be […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Iran Seizes 3,000 Crypto Mining Devices in a Week

Iran Seizes 3,000 Crypto Mining Devices in a WeekAuthorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining Rigs Confiscated in Tehran […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister SaysNew technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their development for too long. Government Official Cautions Against Impeding Crypto Development Over the past few years, Tehran has […]

BlackRock’s tokenized fund registers over $240 million in inflows within a week