Only registered miners will be able to continue operations in Iran, said Iran’s First Vice President Eskhak Jahangiri. In order to legally carry out production in the region, it is necessary to obtain a special permit within a month. Such a policy, according to officials, will allow the industry to withdraw from unregulated space and establish control over the local mining industry.
According to the order of the authorities, market participants must submit to the Ministry of Industry, Mines and Trade personal data and information on equipment used in mining. After checking this information, the regulator will decide which of the specialists will be allowed to work in the country.
We add that the Iranian authorities apply harsh sanctions to miners operating in the country, including imprisonment and heavy fines.
The upcoming rollout of Protocol 28 is a big deal for Stellar users, aiming to…
The prominent investor has shown its conviction that BTC is set to drive its price…
XRP price remained relatively stable this week despite trading in the red, while fresh institutional…
Solana’s reversal is imminent, an important development for crypto traders looking to capitalize on emerging…
XRP traded mostly sideways on Friday after a volatile stretch across the crypto market that…
XRP traded in a narrow range on Thursday as traders focused on on-chain signals suggesting…