Iran Authorizes “Haram” Bitcoin as US Sanctions Choke Economy

The Iranian government has authorized the mining of cryptocurrencies like bitcoin as an industrial activity on the sidelines of a gloomy economic outlook.
Mehr News reported today that miners would need to obtain required licenses from the Ministry of Industry, Mine, and Trade. The move would make crypto mining a taxable event unless miners export the mined tokens out of Iran and bring back the profits into the country. At the same time, the government has clarified that it would not provide any