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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

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