Express

Iran Shuts Down 1,620 Illegal Cryptocurrency Mining Farms

Mary Liu

Summary: Due to failure to register with the regulatory authorities, 1,620 illegal cryptocurrency mining farms in Iran have been shut down and miners may face prosecution, as Financial Tribune reported. In July 2019, Iran became one of the first countries to recognize and license cryptocurrency mining, it required all miners to register with the authorities before August ...

Due to failure to register with the regulatory authorities, 1,620 illegal cryptocurrency mining farms in Iran have been shut down and miners may face prosecution, as Financial Tribune reported. In July 2019, Iran became one of the first countries to recognize and license cryptocurrency mining, it required all miners to register with the authorities before August 2020.

By Mary Liu

Last Update:

Tags: ,,
Link: Iran Shuts Down 1,620 Illegal Cryptocurrency Mining Farms   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 22 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago
  • You need to login to comment.