New regulations on cryptocurrency mining were approved by the government on Sunday. The Ministry of Industry, Mines and Trade has now obtained permission to resume issuing licenses for cryptomining, he said.
Reza Fatemi Amin said on the website Way2pay.ir, “The cabinet has reviewed the new regulations and some parts have been approved at the meeting. The Ministry of Industry will start issuing licenses to miners and mining centers. It’s planned,” he said.
“The regulations are comprehensive, covering a wide range of issues related to the crypto industry, such as power needs and authentication mechanisms,” Fatemi Amin added.