News

07/25
227
Mining is formally legal in Iran Mining is formally legal in Iran

Mining was approved by the Special Economic Commission, which recognized it as an official sector of the economy. All miners have now received a “green light” for it.

However, the regulation system for this activity within the acting legal framework has not yet been adjusted enough. Nevertheless, it is not far off…

The Central Bank head declared this issue will be discussed at the next government meeting. In particular, a special tariff will be provided for electric energy for mining of cryptocurrency.

ATB Team’ s Opinion

This is great news! Against the backdrop of last winter news, when the Central Bank recommended banning domestic cryptocurrency payments, a number of miners, owners of exchanges and investors were disappointed. But now the cryptocurrencies have a great turn!