Browsing the "Iran" Tag

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.

Crypto Exchanges Are Suddenly Being Censored In Iran

| Leigh Cuen

Iranians using cryptocurrency to hedge against inflation have recently hit a roadblock, an apparent outage of domestic onramps to the market.

Iran Said to Bar Banks from Bitcoin Market

| Sujha Sundararajan

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.