The Ministry of Finance froze more than 9,219 bank accounts belonging to 545 people. Iranian authorities are also taking action against cryptocurrency mining beyond the law. According to a statement released Saturday, foreign cash and cryptocurrency transactions have been deemed suspicious by Iran’s Ministry of Intelligence. The Ministry of Finance
The Iranian Government approved authorized licenses to 30 crypto mining farms to mint digital currencies. The authorities planned to prevent unlawful miners in the country. Iran’s licensed crypto mining farms The crypto mining farms are extending across several regions of Iran including Tehran Province. So Iran’s authorities have so far
Bitcoin Mining in Iran may reach over $1 billion in revenue Iran currently holds accounts for 4.5% of Bitcoin mining. Iran-based miners paid directly in Bitcoin. The regulated mining activities in Iran maybe reach more than $ 1billion in revenues. This may help the country elude economic sanctions inflicted by
