Government documents reveal a draft proposal for new cryptocurrency mining regulations in Iran.
Iranian bitcoin users are earning a significant portion of their income in crypto, and hodling for the long haul.
Iranian bitcoiners are showing the world what censorship resistance really looks like.
Iran's government has introduced a bill that lifts the illegal status of cryptocurrencies and authorizes mining as an official industry.
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country's cabinet.
Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates.
Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.
Low electricity costs make Iran a popular mining destination. That could change.
Another crypto buying and selling service has banned Iranian users, pushing them toward anonymous decentralized exchanges.
The Central Bank of Iran's draft crypto framework has the local community worried, and getting it changed will not be easy.