Iran Starts Licensing Crypto Miners Under New Regulatory Framework

Bitcoin.com | Sep 5, 2022 at 7:30 AM
  • The government of Iran has reportedly started issuing licenses to crypto miners under the new “comprehensive and detailed” regulatory framework approved last week.
  • The authorities previously issued licenses to a number of crypto mining operations but halted the process due to power consumption and illegal mining issues.
  • In 2019, the central bank of Iran banned crypto trading inside the country but the government legalized crypto mining as an industry.