Iran

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Core Scientific To Shut Down Celsius Crypto Mining Equipment; Iran's Mining Outlook
Bitcoin miner Core Scientific will shut down mining rigs tied to Celsius Mining after a U.S. bankruptcy judge approved the motion to reject its contract. Both companies are undergoing Chapter 11 bankruptcies. Plus, courts in Iran have ordered the government to return thousands of seized crypto mining rigs, according to local media reports.
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Azadi Tower, Tehran, Iran (Wikimedia Commons, modified by CoinDesk)
Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports
The country has been cracking down on mining to deal with power shortages.
Azadi Tower, Tehran, Iran (Wikimedia Commons, modified by CoinDesk)

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BlockFi Files for Bankruptcy; Kraken Settles US Treasury Case Over Serving Customers in Iran
Crypto lender BlockFi files for bankruptcy protection as FTX contagion spreads. JPMorgan says crypto market regulatory initiatives that are already underway are likely to be accelerated. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) reaches a settlement with crypto exchange Kraken over serving customers in Iran.
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CDCROP: Former COO now CEO of Kraken Dave Ripley (Kraken)
Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran
Kraken has agreed to pay $362,159 to settle its potential liability for violating U.S. sanctions.
CDCROP: Former COO now CEO of Kraken Dave Ripley (Kraken)

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Iranian Security Forces Arrested Bitcoin Advocate Ziya Sadr, Sources Say
Ziya Sadr, an Iranian Bitcoin advocate, was arrested by Iranian security forces last month, according to multiple sources. Human Rights Foundation Chief Strategy Officer Alex Gladstein discusses Sadr’s case and why this is a continuing story to watch.
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Bitcoin Mining Difficulty Surges to All-Time High; Paul Tudor Jones Still Holding Bitcoin
Bitcoin mining difficulty has surged to an all-time high, putting additional pressure on miners amid weakening prices and higher energy costs. Billionaire Paul Tudor Jones told CNBC he still has a “minor allocation” to bitcoin (BTC). Iranian Bitcoin advocate Ziya Sadr was arrested by Iranian security forces last month, according to multiple sources.
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Bitcoin Advocate Ziya Sadr Arrested by Iranian Security Forces
A friend of Sadr told CoinDesk the Iranian blockchain educator was arrested in Tehran on Sept. 19 and has not been released.
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CDCROP: Low Angle View Of Iranian Flag Against Clear Blue Sky (Getty Images)
Iran to Start Testing a Digital Rial This Week
The country's central bank published a draft document outlining goals and opportunities for a digital currency in August.
CDCROP: Low Angle View Of Iranian Flag Against Clear Blue Sky (Getty Images)

(Chip Somodevilla/Getty Images)
US Treasury Blacklists Several More Bitcoin Addresses Allegedly Tied to Iran Ransomware Attacks
The sanctions watchdog agency added several bitcoin addresses allegedly used in ransomware attacks to its blacklist.
(Chip Somodevilla/Getty Images)

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Iran Passes Law to Use Crypto Payments for Imports: Report
Iran has passed legislation enabling the use of bitcoin and other cryptocurrency as payments for imports, according to reports from local news outlet Tasnim and the Bitcoin Magazine. “The Hash” panel discusses what this means for sanctions and global crypto adoption.
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