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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The Maduro regime is collecting aviation taxes, and soon refuelling bills, using Bitcoin transfers, say local media. Venezuela is reportedly choosing to use Bitcoin (BTC), not its own digital currency Petro, to circumvent United States sanctions in airports. According to a report in local news media outlet ABC on July 22, president Nicolas Maduro has […]
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The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country. The Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22. Iran’s Economic Commission approves crypto mining ‘mechanism’ Governor […]
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A blanket ban on cryptocurrencies has been reportedly recommended by an Indian government panel. An Indian government panel recommended a ban on cryptocurrencies, Reuters reports on July 22. Is India finally about to ban cryptocurrencies? The panel recommended to the government today to ban cryptocurrencies and impose sanctions for any dealings involving crypto assets. Reuters […]
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Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government. Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government. Deputy President of the Islamic […]
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Iran is wrestling with the rising number of citizens turning to Bitcoin mining and usage as a means of coping with a sanctions-crippled economy. Iranian authorities are wrestling with the rising number of citizens turning to Bitcoin mining and use as a means of coping with a sanctions-crippled economy. Iran’s minister for information and communications […]
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Venezuela is leading the crypto peer-to-peer BTC trade market, despite government efforts to drive adoption of its oil-backed cryptocurrency, Petro. For the entirety of cryptocurrency’s short history, Venezuela has been seen to be among the most striking example of the need for the utility. The South American country has hosted escalating political tension for years, […]
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Blockstream CSO, Samson Mow, says that Facebook should have just used Bitcoin instead of developing Libra because regulators won’t let it happen. Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published […]
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The Iran-U.S. cold war spills into blockchain: Can America really stop Iran from mining Bitcoin? If there’s one thing the United States has had a history of, it’s imposing sanctions on its enemies. Venezuela, Cuba, North Korea, Russia and numerous other nations have been subject to restrictions and penalties over the years, with the U.S. harnessing […]
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The Foundation for Defense of Democracies has assessed current and future risks of cryptocurrency use by countries adversarial to the United States. The American Foundation for Defense of Democracies (FDD) has assembled an assessment of current and future risks of cryptocurrency use by countries adversarial to the United States in a report published on July […]
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