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Big China bitcoin exchange says no government pressure on outflows

EghtesadOnline: The head of a major bitcoin exchange in China says few people there use the cryptocurrency to get around rules on how much money they can take out of the country, and despite a publicized meeting with the central bank last week the exchange, BTCC, hasn't been told explicitly to check capital outflows.
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Publish Date:09/January/2017 | 24:33

Iran: Crackdown on Illegal Crypto Farms

EghtesadOnline: Authorities closed 1,620 illegal cryptocurrency mining farms that were used 250 megawatts of electricity since July 2019, when mining was legalized, spokesman of the Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:03/January/2021 | 14:53

Iran: Crackdown on Illegal Crypto Farms

EghtesadOnline: Authorities closed 1,620 illegal cryptocurrency mining farms that were used 250 megawatts of electricity since July 2019, when mining was legalized, spokesman of the Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:03/January/2021 | 14:53

Iran: Call for Crypto Use to Pay for Imports

EghtesadOnline: Cryptocurrency could be used to import electronic devices, says Shahab Javanmardi, a member of the Iran Chamber of Commerce Industries Mining and Agriculture, noting that a change in government approach is necessary for such deals.
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Publish Date:01/January/2021 | 16:35

Iran: Call for Crypto Use to Pay for Imports

EghtesadOnline: Cryptocurrency could be used to import electronic devices, says Shahab Javanmardi, a member of the Iran Chamber of Commerce Industries Mining and Agriculture, noting that a change in government approach is necessary for such deals.
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Publish Date:01/January/2021 | 16:35

Cryptominers Given One Month to Register Smuggled Hardware

EghtesadOnline: Cryptocurrency miners have one month to register smuggled mining equipment, said a deputy minister of Industries, Mining and Trade, the body in charge of authorizing crypto mining industry.
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Publish Date:02/August/2020 | 13:44

Cryptocurrency Mining in Limbo

EghtesadOnline: Power plants can supply authorized cryptocurrency miners so long as the electricity is sold at the agreed (lawful) tariffs, a spokesperson for the Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:29/July/2020 | 13:24

Tavanir: Reward for Reporting Illegal Cryptocurrency Mining

EghtesadOnline: The government will offer incentives to whistleblowers who name unauthorized cryptocurrency miners to the relevant authorities, managing director of Power Generation, Distribution and Transmission Company (Tavanir) said.
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Publish Date:08/July/2020 | 09:51

1,000 Cryptocurrency Miners Given Permits

EghtesadOnline: The Ministry of Industries, Mining and Trade has issued 1,000 plus licenses for cryptocurrency mining units so far, an official with Iran’s ICT Guild Organization said.
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Publish Date:25/January/2020 | 24:20

Crypto Miners Unimpressed by Gov’t Incentives

EghtesadOnline: The Energy Ministry's recently-announced discounts on power rates for authorized cryptocurrency miners seems to be not enough for making the business financially feasible.
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Publish Date:26/November/2019 | 11:06

Legal Crypto Mining in Iran: Getting Started

EghtesadOnline: The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create room for miners to make significant contribution to the economy.
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Publish Date:21/September/2019 | 24:31

Crypto Miners Can Benefit From Tax Holiday

EghtesadOnline: Cryptocurrency miners will be eligible for tax exemption if, like non-oil exporters, they repatriate their overseas earnings, Iran's National Tax Administration said.
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Publish Date:14/September/2019 | 24:00

Iran Government Legalizes Cryptocurrency Mining

EghtesadOnline: After months of speculation over the fate of mining and trading cryptocurrencies in Iran, the government late on Sunday announced that it recognizes mining cryptocurrency as a legal industrial activity.
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Publish Date:30/July/2019 | 11:37