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Iran Recognizes Crypto Mining as an Industry

Published 09/05/2018, 12:45 PM
Updated 09/05/2018, 02:00 PM
 Iran Recognizes Crypto Mining as an Industry

The Iranian government has accepted the mining of digital currencies as an official industry, in the context of a national crypto ban that is still in place, news agency IBENA reported on Tuesday, citing a state agency official.

It appears that both the government and crypto-related organizations have recognized cryptocurrency mining as an industry sector, but a legal framework hasn’t been developed yet, Abolhassan Firouzabadi, secretary of the Supreme Council of Cyberspace, was quoted as saying. Among those that approved of the move were the Central Bank of Iran (CBI) and the ministries o...


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