Central Bank of Iran
U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.
The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges.
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.
Iran Said to Bar Banks from Bitcoin Market
Apr 23, 2018
The Central Bank of Iran is the latest national bank to sound the alarm on the cryptocurrencies, fearing of its misuse in money laundering and fraud.