Iranian Revolution, Iranian rial, Politics of Iran, Iranian peoples, Economy of Iran, Iran

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

On Sep 24, 2020
@FintechBot shared
Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining https://t.co/N7kEqvCgu0 by @Coindesk 2020-09-24 08:11:52
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Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial.

www.coindesk.com
On Sep 24, 2020
@FintechBot shared
Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining https://t.co/N7kEqvCgu0 by @Coindesk 2020-09-24 08:11:52
Open

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the ...

How Bitcoin Could Help Iran Undermine U.S. Sanctions

How Bitcoin Could Help Iran Undermine U.S. Sanctions

The cryptocurrency could allow Iranians to make international payments without using the U.S. banking system, an important lever of American power.

Iran Developing National Blockchain Platform on IBM Hyperledger Fabric

Iran Developing National Blockchain Platform on IBM Hyperledger Fabric

The Central Bank of Iran (CBI), via its Informatics and Services Corporation (ISC) and in conjunction with Areatak — a Tehran-based blockchain solutions provider — is developing a national ...

Iran's Crypto Barometer — Regular Users Feeling the Heat

Iran's Crypto Barometer — Regular Users Feeling the Heat

Crypto users in Iran resort to p2p bitcoin exchanges following the shutdown of LocalBitcoins.

Traders Are Now Banned From Using Localbitcoins Exchange in Iran

Traders Are Now Banned From Using Localbitcoins Exchange in Iran

Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country and cannot trade fiat for bitcoin.

The Bitcoin Bite: Iran Says Power Grid Hit By Cryptocurrency-Mining Surge

The Bitcoin Bite: Iran Says Power Grid Hit By Cryptocurrency-Mining Surge

Iranian authorities are blaming the mining of cryptocurrencies, such as Bitcoin, for a big increase in the country's monthly electricity usage, with digital-currency miners reportedly using ...

Iran Bitcoin Miners Set Up Shop In Mosques Amid Gov't Crackdown

Iran Bitcoin Miners Set Up Shop In Mosques Amid Gov't Crackdown

Iran, which offers free energy to mosques, now has around 100 miners occupying places of worship, generating much-needed income of around $260,000 a year...

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.

Iran sanctions: Trump warns trading partners

Iran sanctions: Trump warns trading partners

Anyone doing business with Iran will not be doing business with the US, the president says.

Iran is Politicizing Coronavirus as a Conspiracy!

Iran is Politicizing Coronavirus as a Conspiracy!

Iran has become one of the most coronavirus-infected countries in the world after China. What is most concerning is that the cases they reported were fewer than those in Japan or South ...

Sanctions-hit Iran props up economy with bartering, secret deals

Sanctions-hit Iran props up economy with bartering, secret deals

Washington's policy of applying "maximum pressure" on Iran with w...