Crypto mining accepted as an industry by Iranian authorities

Iran's government has accepted crypto mining as an industry, Iran's Cyberspace Council’s secretary Abolhassan Firoozabadi said mining of cryptocurrencies such as Bitcoin has been approved as an industry by major government authorities. However, official legislation forming a legal framework for the industry has yet to be introduced in the country.



Firoozabadi stated that the Iranian National Cyberspace Center is developing a platform for cryptocurrency mining regulation. The secretary reportedly claimed that the relevant authorities will introduce a regulatory framework for crypto-related startups and firms in late September.