Iranian police arrest buyer of Jack Dorsey’s NFT tweet
Iranian authorities have arrested Bridge Oracle founder Sina Estavi.
Iranian police arrest buyer of Jack Dorsey’s NFT tweet
Iranian authorities have arrested Bridge Oracle founder Sina Estavi.
Media reports: Iran to penalise miners for using household electricity.
The Iranian Ministry of Energy plans to fine miners who illegally consume electricity intended for domestic use. Tehran Times reports, citing the ministry's spokesperson Mostafa Rajabi Mashhadi [Mostafa Rajabi Mashhadi].
Iran bans trading of bitcoins mined abroad, central bank confirms
The Central Bank of Iran (CIB) confirmed the ban on cryptocurrency transactions mined abroad.
Iran Allows Financial Institutions to Pay for Imports with Bitcoin
The Central Bank of Iran (CBI) has allowed banks and other licensed financial institutions to use cryptocurrency to pay for imports.
Media: Chinese Bitcoin miners caused power outages in Iran
Since the beginning of January, electricity outages have hit Iranian cities, with authorities linking them to Bitcoin mining. France 24 journalists found that many mining farms in the country belong to Chinese companies seeking to hide their presence.
Iran confiscates 45,000 ASIC miners used for Bitcoin mining
Iranian authorities confiscated 45,000 ASIC miners that were illegally connected to the state electricity company Tavanir. CoinDesk reports, citing local media.
Iran shuts down 1,620 illegal mining farms
Iranian authorities closed 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of capacity, according to Financial Tribune.
Media: Iran to pay for imports with bitcoins mined domestically
The Iranian government has approved a mechanism for paying for imports with bitcoins received by the central bank that were mined by local miners, as reported by TrustNodes citing IRNA.
Iran proposes paying for imported cars with cryptocurrency.
Gholam-Hossein Mozafari, managing director of the Kish Free Zone Organization (KFZO), proposed paying for imports of vehicles in cryptocurrency. ArzDigital reported this.
Iranian authorities shut down 1,100 illegal bitcoin farms
Iran's national energy holding company Tavanir suspended operations at 1,100 mining farms whose owners did not apply for a cryptocurrency mining licence. Sources within the agency received 100 million rials ($2,400) as a reward. The Financial Tribune, citing local media, reports this.
Iran Allows Power Plants to Work with Cryptocurrency Miners
Power plants in Iran have been allowed to work with Bitcoin mining centers and other cryptocurrencies, provided they hold a licence and 'comply with established tariffs', said Mostafa Rajabi Mashhadi, deputy managing director of the national energy holding company Tavanir.
Global Political Game and Bitcoin Price
In the crypto community and the society at large, there has been a long-running debate pertaining to whether Bitcoin can be defined as a protective asset along with gold, Japanese yen, Swiss franc, and U.S. government bonds. Some experts insist that the unique properties of the first cryptocurrency make it a safe haven for periods […]We use cookies to improve the quality of our service.
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