Iran calls for making mining a national strategy

Iran calls for making mining a national strategy

According to BlockBeats, Iranian President Hassan Rouhani told officials from the Central Bank of Iran (CBI), the energy sector, and the ICT sector that they needed to develop a new national strategy for cryptocurrencies, including the regulation of mining and mining revenues, while presiding over a national economic strategy seminar at Iran's Economic Coordination Headquarters. Iran was one of the first countries to officially recognize cryptocurrency mining as a legal industry in July 2019. The government issues mining licenses, giving companies the right to mine and then sell any digital assets produced. An industry report in January said Iran had issued more than 1,000 such licenses in the first six months. According to the Bitcoin Mining Map, Iran currently accounts for 4% of Bitcoin's total hash rate, more than double what it had in early September 2019.
Original link: https://www.coindesk.com

BlockBeats reminds that according to the document "Risk Warning on Preventing Illegal Fund Raising in the Name of "Virtual Currency" and "Blockchain"" issued by the China Banking and Insurance Regulatory Commission and other five departments in August 2018, the general public is requested to look at blockchain rationally, not blindly believe in the exaggerated promises, establish correct monetary concepts and investment ideas, and effectively enhance risk awareness; any clues of illegal and criminal activities discovered can be actively reported to the relevant departments.

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