Browsing: Iran

Iran Blockchain Industry News

Read all the latest blockchain industry news from Iran. Covering blockchain, digital economy, and FinTech, including cryptocurrency, Bitcoin, Ethereum, DeFi, digital finance, NFTs, and Web 3.0 news and analysis.

Iran has been using cryptocurrency mining to swerve around US sanctions. According to blockchain analytics firm Elliptic, around 4.5% of all Bitcoin mining takes place in Iran, allowing it to earn close to $1 billon a year from cryptocurrencies that can be used to lessen the impact of U.S. sanctions.

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