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Cryptocurrency Mining Legalized in Iran by the Economic Commission

After several weeks of speculation, the Economic Commission of Iran has finally approved cryptocurrency mining as an industry in the country. On July 22 the Chamber of Commerce, Industries, Mines and Agriculture made an announcement approving crypto mining. The Commission indicated that the Iranian government was seeking ways of regulating the mechanism of crypto mining […]

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China’s NDRC Wants to Ban Crypto Mining: Another Clamp Down

According to Reuters, China’s state planner wants to ban Bitcoin mining. The National Development and Reform Commission (NDRC) has updated a draft list of industrial activities that it is looking to encourage, restrict, or eliminate. The list was first published in 2011. NDRC Wants to Ban Cryptocurrency Mining Unfortunately for crypto enthusiasts, cryptocurrency mining has […]

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What Does the Bitmain IPO Abolition Mean for Cryptocurrency Industry?

Bitmain Technologies has abandoned its IPO enthusiasm after the company’s Hong Kong stock market proposal listing expired earlier this week, sparking debate on the future of the entire cryptocurrency market. The company did say that it plans to reapply at an appropriate time in the future, saying that “despite the huge potential of the cryptocurrency […]