Iranian official says US Congress is working to block Iran’s crypto mining

Said Zarandi, Assistant Minister of Industry, Trade and Supply of Iran, said that the US Congress is working to block Iran’s access to cryptocurrency and Bitcoin mining. It is assumed that Iran is using cryptocurrency to avoid sanctions and money laundering.

Recall that in 2018, the United States tried to pass a similar law, however, it did not pass. Also according to the latest information, lawmakers and the Central Bank of Iran are not going to legalize cryptocurrency and mining in the country. Although it is obvious that illegal mining and cryptocurrencies are much more profitable for Iran, because in fact, if they are not in the legal field, then the United States cannot block them. Let’s see how this situation will develop in the future.

In the meantime, we would like to note that we are happy to greet everyone who wants to have cryptocurrency or to mine. Especially if there are problems with it in your place:) Cloud mining from Hashmart.io is a great solution)