Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home ยป Iranian government officially legalized mining cryptocurrencies

    Iranian government officially legalized mining cryptocurrencies

    0
    By BlockchainJournal on July 30, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Last Sunday, the Iranian government, according to the Mehr news agency, at a meeting under the leadership of the country's president Hassan Rouhani decided to consider mining mining cryptocurrency to be a separate legal industry.

    Thus, according to the new law, anyone in Iran will be able to legally engage in the mining of cryptocurrencies, having received for this a special license from the Ministry of Industry, Mines and Trade.

    Such activities are taxable. At the same time, miners who will sell cryptocurrency abroad, deducting part of the proceeds to the state, will be able to count on certain benefits, while the use of cryptocurrencies for settlements within the country remains banned.

    Recall that the government plans to legalize mining, it became known two weeks ago from the governor of the Central Bank of Iran. According to Abdol Nasser Hemmati, the authorities had two basic conditions for this activity: the extraction of international digital currencies should be based on the export price of electricity, and the currencies extracted should be returned to the national economic cycle. In addition, Iran will introduce special tariffs for electricity for miners.

    Publication date 07/30/2019
    Share this material on social networks and leave your opinion in the comments below.


    Featured Governor
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ETHZilla Sells $40M in ETH to Fund Share Buybacks

    November 7, 20252 Mins Read

    Japan’s Largest Banks Get Greenlight for Stablecoin Trial, Plan March 2026 Launch

    November 7, 20252 Mins Read

    Tether increases Bitcoin reserves with a massive $1.09 billion strategic purchase

    November 7, 20252 Mins Read

    TRUMP Memecoin Targets $13 with a 70% Rally After Confirming Technical Breakout

    November 6, 20252 Mins Read

    OKX Launches OKX Pay and Card in Brazil with 10% APY on Stablecoins

    November 6, 20252 Mins Read

    Coinbase to pay $24.7 million in Ireland for serious transaction monitoring failures

    November 6, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.