Companies & Deals
Share
Secretary of Iran's Supreme Council of Cyberspace states that Iranian government is now considers crypto mining as an industry
According to IBENA, the only Iranian news agency for banking and economy, Abolhassan Firouzabadi Secretary of Iran's Supreme Council of Cyberspace has announced that the policy of the National Cyberspace Center is organizing cryptocurrencies and Central Bank as a trustee in foreign exchange area. In addition a decision-making authority will declare the framework and final policies for trade and participation of startups and trade activists in the cryptocurrency sphere by the end of September but no definitive decision has been taken yet.
He added launching the national cryptocurrency is promising and can be used as a financial transaction instrument with Iran's trade partners and friend countries amid economic pressures through U.S. sanctions.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
He also stressed that cryptocurrencies mining like bitcoin has been accepted as an industry in the government and all related organizations to the mining such as Ministry of Communications and Information Technology, Central Bank, Ministry of Industry, Mining and Trade, Ministry of Energy, as well as Ministry of Economic Affairs and Finance have agreed to this and the policy is under study.
Editor's Picks

UAE Stablecoins: Why They Are Built to Travel, Not Stay Local
Walid Abou Zaki
Feb 28, 2026
8 min

The Central Bank of the UAE Clearing the Noise Around Article 62
Walid Abou Zaki
Feb 25, 2026
5 min

Europe’s Crypto Purge: Did Lithuania Just Kick Out Innovation — and is the UAE the Beneficiary?
Salma Naueihed
Feb 18, 2026
7 min
Read More Articles
In the Same Space

U.S. Lawmakers Signal Support for Tokenized Securities Amid SEC Exemption Debate
News Desk
Mar 26, 2026
6 min

Coinbase Again Opposes Revised Clarity Act Over Stablecoin Yield
News Desk
Mar 26, 2026
4 min

Indian Court Grants Bail to CoinDCX Co-Founders in Fraud Case, Citing Prima Facie Lack of Evidence
News Desk
Mar 25, 2026
4 min

Markets Rebalance on U.S.-Iran Hopes, but Gold and Bitcoin Signal Caution Still Rules
Salma Naueihed
Mar 25, 2026
10 min