Iran: Iran: Ban on cryptocurrency mining
Progress
Current status
revoked
22 Sep 2021 revoked
26 May 2021 adopted
Scope
Implementers
Iran
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
DLT development
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Ban on cryptocurrency mining lifted
On 22 September 2021, the ban on mining cryptocurrencies announced by President Hassan Rouhani in May is lifted for licensed miners.
SourceEvent type
order
Action type
termination
Government branch
executive
Government body
central government
Ban on cryptocurrency mining announced
On 26 May 2021, the President of Iran Hassan Rouhani has announced on state TV that the mining of cryptocurrencies in the country would be banned until 22 September 2021 to alleviate the energy crisis faced by the country.
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government