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Iran Recognizes Bitcoin and Crypto as an Official Industry, Says MP

Jul 22, 2019😃Bullish

The Iranian government's Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines and Agriculture on July 22.

At the time, Hemmati argued that digital currency miners in Iran should contribute to the country's economy, rather than letting mined Bitcoin (BTC) escape abroad.

Also yesterday, Deputy President of the Islamic Republic of Iran Customs Administration (IRICA) Jamal Arounaghi announced that the agency has not yet issued licenses for the import of cryptocurrency mining equipment.

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