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Iran Plans to Allow Crypto Mining, Central Bank of Iran Governor Says

Published 07/11/2019, 02:59 PM
Updated 07/11/2019, 03:21 PM
Iran Plans to Allow Crypto Mining, Central Bank of Iran Governor Says
BTC/USD
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Iranian authorities are planning to authorize cryptocurrency mining, as the governor of the Central Bank of Iran (CBI) declared, news agency PressTV reported on July 10.

CBI governor Abdol Hemmati reportedly claimed that the Iranian government has approved some parts of an executive law that would authorize mining of cryptocurrencies such as Bitcoin (BTC) in Iran. Hemmati’s claim follows a lengthy back-and-forth on the legal status of cryptocurrencies in Iran.

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