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