Search Results for: iran
Iran Commences CBDC Pilot Dubbed ‘Crypto Rial’
The digital money issued by the Central Bank of Iran is termed “crypto rial”. Officials have also begun issuing crypto
Iran Allows Trading and Imports Using Crypto to Avoid Sanctions
Iran has placed a $10 million import order with cryptocurrency in a historic first. Iran’s borders remain closed to cryptocurrency
Iran Confirms Its First Cryptocurrency-Based Import Order
Iran Imports goods worth $10 Million in Cryptocurrency. Smart contracts and digital assets will be widely utilized in international trade.
Crypto Miners Get Leverage From Iran Regulation: Access To Renewable Power
Each country focuses on crypto regulations, some have strengthened the rules but revising and making minor changes is constant. Similarly,
Iranian’s Used Binance Services Despite U.S Sanctions as per Report
Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC
Iranian Power House Warns of Stringent Action on Illegal Crypto Mining
Fines for illicit mining actions have been raised by 400 percent. First-time offenders would be denied access to subsidized energy
Iran Expected To Launch Countries Pilot Version of Digital Rial by Aug 23
Salehabadi said the pilot project would begin in one of the countries’ provinces. Only the monetary authority can issue and
Iran Decides To Cut Power Supply For Crypto Mining Activities
Iranian authorities issued permits to 1,000 crypto miners in January this year. It was estimated that illicit miners used roughly
9,219 Bank Accounts Frozen by Iran Over Suspicious Crypto Transactions
The Ministry of Finance froze more than 9,219 bank accounts belonging to 545 people. Iranian authorities are also taking action
Iran Resumes Bitcoin Mining Industry After Three-Month Ban
The government banned mining for three months in May. Officials in Iran have been chasing unlicensed miners. According to the
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