Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Jul 29,2022
KingData News: Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. The state-owned utility also vowed to impose severe measures against unlicensed cryptocurrency miners, raising fines for illegal mining activities by 400%. According to official data released in May, the Iranian government had identified and closed down almost 7,000 facilities minting digital coins outside the law.
This index tracks global regulatory move targeted at cryptocurrency and blockchain industry.
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