According to a report from local news source ‘IBENA’ the secretary of the Iran’s Supreme Cyberspace council stated that the ministers of the country’s govt. have accepted Cryptocurrency mining as an industry in the country.
As per the report, the Council’s secretary named ‘Abolhassan Firoozabadi’ stated that the mining of digital currencieslikeBitcoin ‘BTC’, Ethereum ‘ETH’ etc has been approved to work as an industry by major govt. authorities. However, official legislations are forming a legal framework for the mining industry, which is yet to be introducedwithin thecountry.
Firoozabadiaforementionedthat digital mining has been accepted by Iran’s major authorities,together withthe Ministryof informationandcommunications technology, the Ministry oftrade, Mine and Trade, the Ministry of Energy,moreoveralong with theMinistry of Economic Affairs and Finance.
Mentioning further he saidthat the Iranian cyberspace center is also developing a platform for digital currency mining regulations. Hefurthersaid thatthe govt.is additionallyconsidering the launch of a national digital currencyso asto formamonetarytool toget togetherwith Iranian business partners amid economic pressure from U.S. sanctions.
The secretary reportedly claimed that the relevant authoritiescanintroduce aregulativeframework for crypto-related startups andcorporationsmostly by this month.
Previously in late Aug. this year, the cyberspace centrealso revealedthat the draft of the state-backed cryptocurrency projectis prepared, followingdirectionsfrom President. Moreover, the deputy director draftinglawsfor Iran’s SupremeCyberspaceCouncil revealed thatthe conceptof launching a national digital currency is currently being actively pursued.