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Iran’s Government Gives the Official Nod to Crypto Mining

Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet.

In a session on Sunday, chaired by the country’s president, Hassan Rouhani, cabinet ministers endorsed the activity and said industry participants would need to seek the required licenses from the Ministry of Industry, Mine and Trade, the Mehr News Agency reports.

Iran Mining

As CoinDesk reported last week, crypto mining had already being given approval by the Chamber of Commerce, Industries, Mines and Agriculture, a government economic commission. Read More...