Iran: Ministry of Industry, Mine and Trade
Working Group: Climate Action
Government Body: Ministry of Industry, Mine and Trade
Key Issue: Mining
Type of Action: Directive
Status: In Force
Next Steps: N/A
Summary: The Ministry of Industry, Mining and Trade recognised cryptocurrency mining as an industry and began issuing mining licenses; as of 25 January, 2020, over 1,000 licenses had been issued. Miners must pay a higher energy rate and are forbidden from mining during peak consumption times.
Date: August 4, 2019
Regulation URL/Source: https://news.bitcoin.com/iran-issues-more-than-1000-cryptocurrency-mining-licenses/