A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.
An Iranian official has reportedly said that integrating blockchain could bring a tech-based boost to the country's economy.
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.
An Iranian bitcoin trader added to the U.S. Treasury's OFAC sanctions list last week claims he’s been wrongfully blacklisted.
Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.
New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.
Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with renewed U.S. sanctions.
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.
Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.