Browsing the "Iran" Tag

US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts

| Zack Seward

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

Iranian Official Says Blockchain Could Deliver Economic Boost

| Daniel Palmer

An Iranian official has reportedly said that integrating blockchain could bring a tech-based boost to the country's economy.

Cheap Power Is Luring Battered Bitcoin Miners to Iran

| Wolfie Zhao

Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.

Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent

| Leigh Cuen

An Iranian bitcoin trader added to the U.S. Treasury's OFAC sanctions list last week claims he’s been wrongfully blacklisted.

Get Ready for Crypto Sanctions Enforcement

| Beau Barnes and Jake Chervinsky

Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.

Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

| Leigh Cuen

New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.

Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions

| Leigh Cuen

Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with renewed U.S. sanctions.

Tehran, Iran

FinCEN Blasts Iran’s ‘Malign’ Use of Crypto to Bypass Economic Sanctions

| Wolfie Zhao

U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.

Iran’s Recognition of Crypto Mining Prompts Local Bitcoin Price Spike

| Wolfie Zhao

The Iranian government has recognized bitcoin mining as a lawful activity, briefly sending bitcoin prices to record levels at the country's exchanges.

Iran Plans National Cryptocurrency as New US Sanctions Loom

| Wolfie Zhao

Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.