Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines

Iranian provincial police have seized individuals smuggling in 117 cryptocurrency mining machines worth over $270,000. Iranian provincial police have arrested an individual smuggling in cryptocurrency mining machines, local news agency Fars News reported on July 31. The Saveh Police Department’s Anti-Trafficking Police seized a truck allegedly carrying 117 cryptocurrency mining machines to the value of […]

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Cryptocurrency Regulation Necessary to Keep Firms in US, Says Circle CEO

Crypto and blockchain companies need incentives to stick around, says Circle CEO Jeremy Allaire in aftermath of Senate hearings. The CEO of cryptocurrency trading and investment firm Circle thinks the United States will create appropriate regulation as more companies move overseas. Speaking to Bloomberg in an interview on July 31, Jeremy Allaire highlighted ongoing tendencies […]

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Iranian Gov’t Authorizes Cryptocurrency Mining As Industrial Activity

The Iranian government has authorized domestic cryptocurrency mining as an industrial activity. The Iranian government has authorized cryptocurrency mining as an industrial activity. A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. First step towards […]

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