Licensed Iranian crypto miners ordered to halt production ‘altogether'
Eshaq Jahangiri, the first vice president of Iran under Hassan Rouhani, has called on all legally operating crypto miners in the country to stop producing coins.
According to a Wednesday report from the Tasnim News Agency, Jahangiri said at a meeting with officials of the Ministry of Energy that the electricity restrictions for Iranians were likely to continue until early August, purportedly in line with Rouhani’s previously announced prohibition on crypto mining. The president said in May that crypto mining would be banned in the country until September in an attempt to conserve power during the summer months.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.