Crypto-mining is Now an Industrial Activity In Iran

A cabinet meeting has been held this Sunday with President Hassan Rouhani in lead has authorized cryptocurrency mining as an industrial activity, hence entities engaged in the activity will be required to seek a license from Iran’s Ministry of Industry. The governor of Central Bank of Iran Abdolnaser Hemmati said, “Cryptocurrency industry should be recognized as an official industry in Iran to let the country take advantage of its tax and customs revenues.”

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