Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says
Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law Regulations approved by the Tehran government in 2019 do not ban the swapping of cryptocurrencies, the Vice Presidency for Legal Affairs said in response to an inquiry by the Iranian Information and Communication....
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Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the country are facing major power blackouts. Iran has banned cryptocurrency mining effective immediately, President Hassan Rouhani said on Wednesday in a televised speech at a cabinet meeting. He was quoted by the media as saying: The ban on the mining of cryptocurrencies is effective immediately until September 22. Many cities in Iran are facing major power blackouts and the government has blamed power....
According to a news report by Iran International, the Central Bank of Iran (CBI) has banned its citizens from trading bitcoin and other cryptocurrencies mined in foreign countries. Regulators Have Issued Thousands Of Licenses For Mining According to a tweet from news organization Iran International, Iran’s Central Bank announced a Cabinet decision on Wednesday requiring […]
Iran, which required bitcoin miners to obtain official authorization in the country, has now reportedly banned the practice.
The Mechanics of the Future team who stands behind the cross-chain Insider Protocol project is going to make its own DEX SWAP SERVICE. Details about the launch date of the swap service will be announced in the coming weeks. We will keep our readers updated and publish more information on our Bitcoinist media. For now, […]
The Central Bank of Iran has reportedly banned its citizens from trading bitcoin mined outside of the country in an attempt to stop capital flight.