Iran currency – Enpatika

Is bitcoin banned in Iran?

28 March 2022 Enpatika.com Genel

For the second time this year, the Islamic Republic of Iran has banned the mining of bitcoin and other cryptocurrencies in an attempt to ease pressure on its crumbling energy infrastructure.

Iran’s central bank and the country’s Ministry of Industry, Mine and Trade have agreed to a deal that will enable local merchants to begin using cryptocurrencies for foreign trade settlements , according to local media reports.