Iran


Policy

Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations

The devices are said to have been consuming 95 megawatts per hour of electricity at a reduced rate.

Tehran, Iran

Markets

Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report

The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution.

Tehran, Iran

Finance

Venezuela's Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.

Markets

The World Is Never Getting Off Government Stimulus

The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.

Breakdown 10.31

Policy

Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.

Tehran, Iran

Markets

Three Iranian Power Plants Plan to Sell Electricity to Crypto Miners

Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners.

The Shahid Salimi Power Plant outside of Neka, Iran

Markets

Bitcoin News Roundup for Sept. 14, 2020

As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Policy

Iran May Fund Car Imports With Cryptocurrency Mining

An Iranian free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports.

Car shipment (asikkk/Getty Images)

Markets

Iran Gives Crypto Miners One Month to Register With the State

The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration.

Iranian First Vice President Eshaq Jahangiri announced the new mining requirement. (Mohammad Hassanzadeh/Tasnim/Wikimedia Commons)

Markets

Iranian Lawmaker Says Bitcoin Should Be Central Bank's Turf

An Iranian lawmaker wants his country’s central bank to take bitcoin seriously.

Iran flag (Credit: Shutterstock)