Iranian government’s economic committee officially approved cryptocurrency mining as an industry on Sunday. The government now is looking for ways to regulate this activity within national legislation framework.
According to deputy minister energy for electricity and energy Homayun Haeri, government ministers will vote on a measure to approve an electricity rate for mining farms.
As a reminder, the Iranian government has called into question whether to approve of mining as an industry or not. Last month, two mining farms were seized and shut down by authorities.