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Iran’s President Hassan Rouhani Tasks Gov’t With Planning National Crypto Mining Strategy

Ramsey Baker

Summary: Hassan Rouhani, the president of Iran, has asked officials at the central bank and ministries of energy, communications and IT to create plans for a national cryptocurrency mining strategy. According to a report from Iranian news website ArzDigital on May 22, officials were told during the 137th session of Iran’s economic coordination headquarters earlier this ...

Hassan Rouhani, the president of Iran, has asked officials at the central bank and ministries of energy, communications and IT to create plans for a national cryptocurrency mining strategy.

According to a report from Iranian news website ArzDigital on May 22, officials were told during the 137th session of Iran’s economic coordination headquarters earlier this week, which was chaired by President Rouhani.

This move comes shortly after the Iranian government announced a redenomination policy for the country’s fiat currency, the rial, in an attempt at fixing chronic inflation.

By Ramsey Baker

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