10 Aug 2022

Iran Pays For Import Orders Using Crypto

Despite being subject to a number of decades' worth of economic constraints, Iran has reportedly placed its first foreign import order in crypto worth a total of $10 million, according to a senior g


11 Jul 2022

Binance ignored US sanctions to help Iranians

According to Reuters, Binance circumvented US restrictions by servicing Iranian customers. CEO Changpeng Zhao (CZ) claimed on Twitter that the exchange used Thomson Reuters World-Check data to sc


19 Jun 2022

Iran shuts down power supply to crypto mining operations

As of right now, Iran authorized crypto mines will no longer receive as much power as they used to. This decision will be put into effect on Wednesday, according to the Tehran Times. Unauthorized mi


17 Apr 2022

Iran prison sentence for illegal crypto mining

According to a local media outlet, Iran is planning to tighten punishment for illegal crypto miners that use subsidized electricity. Offenders will face hefty fines, a 3-5 year prison sentence, and


02 Oct 2021

Bitcoin Mining Ban Finally Lifted In Iran

The Iranian government has officially lifted the ban on bitcoin mining after the country’s former president, Hassan Rouhani, suspended all mining activities three months ago, local media Iran Intern

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