By Maya Lester KC & Michael O’Kane

Iran issues 1,000 cryptocurrency mining permits

Iran’s Ministry of Industry, Mining and Trade has issued 1,000 new cryptocurrency mining permits. A report from Iran’s Information and Communications Technology Guild Organisation says that this will allow for increased digital currency, which can be used to import foreign currency and avoid US dollar payments since payments are facilitated on private blockchains. A report on Iran’s use of bitcoin …

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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