Iran | ForkLog

ForkLog 9 03.05.2024

US Senators Deem Iranian Crypto Mining a National Security Threat

Senators Elizabeth Warren and Angus King urged the administration of President Joe Biden to provide information on measures to combat Iran’s “unbridled evasion” of sanctions through cryptocurrency mining. “Iran legalized the digital asset mining industry in 2019. Over the past five years, Iran has earned millions of dollars from mining—a stable source of income that […]

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ForkLog 16 02.05.2024

Russia and Iran Explore Digital Ruble and Rial Transactions

Facing Western sanctions, Russia and Iran are exploring the use of DFAs and central bank digital currencies (CBDCs) for mutual settlements, according to a report by Izvestia. Rahimi Mohsen, the trade attaché of the Iranian embassy in Russia, stated that Tehran and Moscow are working on innovative solutions to simplify trade between the nations and […]

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ForkLog 13 30.04.2024

US Senators Voice Concerns Over USDT’s Role in Sanctions Evasion

On April 28, US Senators Elizabeth Warren and Roger Marshall sent a letter to the Treasury, the Department of Defense, and the White House, expressing concerns about the use of cryptocurrencies to evade sanctions. This was reported by the Wall Street Journal. The authors posed several specific questions regarding USDT transactions conducted by Russia, Iran, […]

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ForkLog 17 08.01.2024

Data Breach Reported at Iranian Crypto Platform Bit24.cash

The Iranian over-the-counter cryptocurrency platform Bit24.cash has potentially compromised confidential client data, according to Cybernews. Journalists from the publication discovered a misconfigured instance of MinIO object storage, which provides access to the cloud containing users’ KYC data. As an example, they presented a photograph of one client, showing their written agreement to the terms, credit […]

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ForkLog 5 27.07.2023

Iranian mining company to enter Russian market

The regulated Dara Miner platform from Iran has entered into a strategic partnership with the Russian data-centre operator BitRiver.

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ForkLog 6 06.03.2023

Iranian central bank completes pre-pilot stage of CBDC development

The Monetary and Banking Research Institute (MBRI), a division of the Central Bank of Iran, said it had completed the preliminary phase of developing the digital rial.

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ForkLog 9 16.01.2023

Iran and Russia to discuss creation of a gold-backed stablecoin

Iran's central bank is discussing with Russia the possibility of creating a joint stablecoin for the Persian region for foreign-trade settlements.

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ForkLog 8 11.01.2023

Iran suspected of using AI to identify hijab-law violators

Iranian authorities are likely using a facial-recognition system to locate hijab and modesty law violators.

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ForkLog 9 29.11.2022

Kraken to pay $362,000 for Iran sanctions violations

The cryptocurrency exchange Kraken has agreed to pay $362,000 to settle U.S. sanctions violations against Iran.

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ForkLog 20 07.11.2022

Reuters: Binance processed Iran-related transactions totaling $8 billion in circumvention of U.S. sanctions

Since 2018, the cryptocurrency exchange Binance has processed Iran-related transactions totaling $8 billion, despite U.S. sanctions on the country, Reuters reports.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 31.08.2022

Iran Allows Paying for Imports in Cryptocurrency

Iranian companies may use digital assets in import transactions to circumvent sanctions, according to an agreement between the Ministry of Industry and the Central Bank, Tasnim News Agency reports.

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ForkLog 6 09.08.2022

Iran conducts first $10m import operation paid in cryptocurrency

Iranian authorities carried out their first import operation worth $10 million paid in cryptocurrency.

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