Iranian authorities have reviewed the existing laws on crypto miners in the country. The aim is to allow them to use renewable energy to power their equipment. Therefore, licensed crypto miners can now purchase power obtained from green sources at cheaper rates. Also, this would help ease the load on the country’s electricity. Crypto Miners…
Iranian Government and the Central Bank of Iran have collectively agreed to the proposal of utilizing cryptocurrencies for the settlement of invoices of international trades. The Iranian Government has decided to permit local companies to utilize cryptocurrencies for payment settlements with their international partners. In this connection, an agreement too has been arrived at between…
Iran Cryptocurrency Regulation Cryptocurrency Regulations – The Iranian parliament proposed to include cryptocurrency in “currency smuggling” regulations. According to the proposed amendments, the foreign currency regulations will also apply to cryptocurrency exchanges. Crypto Platforms to Comply with Foreign Exchanges Regulations If the law passes from the parliament, the crypto exchanges would need to gain a…