Iran May Fund Car Imports With Cryptocurrency Mining
An Iranian free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports.
Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.
Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial.
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners.
As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!