Cryptocurrency mining has now been classified as an industrial activity in the country. Licences would be required to perform cryptocurrency mining from Iran’s Ministry of Industry. Local news press in Iran, Mehr News Agency has reported that cryptocurrency mining in Iran is now legal. It follows a decision over the weekend by the country’s cabinet to authorize the mining of cryptocurrencies. The sector has now classified as an industrial activity, cryptocurrency miners will be required to acquire licenses from Iran’s Ministry of Industry, Mines and Trade. The green light from Iran’s cabinet comes about a week since a government committee gave its approval for cryptocurrency mining. The Governor for the Central Bank of Iran, Abdolnaser Hemmati said: A mechanism to mine digital coins was approved by the government’s economic commission and will later be put to discussion at a cabinet meeting. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZD/USD trades in red near 0.6620, attention turns to US-China trade talks FX Street 4 years Cryptocurrency mining has now been classified as an industrial activity in the country. Licences would be required to perform cryptocurrency mining from Iran's Ministry of Industry. Local news press in Iran, Mehr News Agency has reported that cryptocurrency mining in Iran is now legal. It follows a decision over the weekend by the country's cabinet to authorize the mining of cryptocurrencies. The sector has now classified as an industrial activity, cryptocurrency miners will be required to acquire licenses from Iran's Ministry of Industry, Mines and Trade. The green light from Iran's cabinet comes about a week since… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
