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- Iran Recognizes Crypto Mining as Industry

Iran Recognizes Crypto Mining as Industry

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 legis...

- Iran Launches Gold-Backed Crypto to Circumvent Sanctions

Iran Launches Gold-Backed Crypto to Circumvent Sanctions

The Islamic Republic of Iran has launched a gold-backed cryptocurrency dubbed PayMon (the Persian word for covenant)  as a means for circumventing international sanctions.

- US Lawmakers Introduce Bill Imposing Sanction Against Iran’s Cryptocurrency

US Lawmakers Introduce Bill Imposing Sanction Against Iran’s Cryptocurrency

United States lawmakers have introduced a bill imposing new sanctions on Iran’s efforts to develop and use its own cryptocurrency. 

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