Cryptocurrencies 18,631

Market Cap $2.60T

BTC Dominance 59.21 %

Cryptocurrencies : 18,631

Total Market Cap : $2.60T

BTC Dominance : 59.21 %

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Mkt Cap $2.60T BTC Dom 59.21 % BTC

BTC $76,788.00 ▼ -0.70% ETH

ETH $2,414.55 ▼ -0.30% USDT

USDT $0.999809 ▲ +0.00% XRP

XRP $1.49 ▼ -2.00% BNB

BNB $691.40 ▼ -0.90% USDC

USDC $0.999875 ▲ +0.00% SOL

SOL $93.78 ▼ -0.20% TRX

TRX $0.343626 ▼ -0.40%

FIGR_HELOC $1.00 ▼ -2.40% HYPE

HYPE $79.14 ▲ +3.10% DOGE

DOGE $0.092134 ▲ +0.70% ZEC

ZEC $813.51 ▲ +1.90% RAIN

RAIN $0.013945 ▼ -2.10% USDS

USDS $0.99992 ▲ +0.00% LEO

LEO $9.47 ▲ +0.70% LINK

LINK $11.42 ▼ -1.20% WBT

WBT $71.55 ▼ -0.80% ADA

ADA $0.222387 ▼ -1.90% XMR

XMR $434.83 ▲ +3.20% XLM

XLM $0.194515 ▼ -4.40% BCH

BCH $272.85 ▼ -2.50% DAI

DAI $1.00 ▲ +0.00%

CC $0.116534 ▼ -2.30% GRAM

GRAM $1.48 ▲ +3.00% USDE

USDE $0.999815 ▲ +0.00% Mkt Cap $2.60T BTC Dom 59.21 % BTC

BTC $76,788.00 ▼ -0.70% ETH

ETH $2,414.55 ▼ -0.30% USDT

USDT $0.999809 ▲ +0.00% XRP

XRP $1.49 ▼ -2.00% BNB

BNB $691.40 ▼ -0.90% USDC

USDC $0.999875 ▲ +0.00% SOL

SOL $93.78 ▼ -0.20% TRX

TRX $0.343626 ▼ -0.40%

FIGR_HELOC $1.00 ▼ -2.40% HYPE

HYPE $79.14 ▲ +3.10% DOGE

DOGE $0.092134 ▲ +0.70% ZEC

ZEC $813.51 ▲ +1.90% RAIN

RAIN $0.013945 ▼ -2.10% USDS

USDS $0.99992 ▲ +0.00% LEO

LEO $9.47 ▲ +0.70% LINK

LINK $11.42 ▼ -1.20% WBT

WBT $71.55 ▼ -0.80% ADA

ADA $0.222387 ▼ -1.90% XMR

XMR $434.83 ▲ +3.20% XLM

XLM $0.194515 ▼ -4.40% BCH

BCH $272.85 ▼ -2.50% DAI

DAI $1.00 ▲ +0.00%

CC $0.116534 ▼ -2.30% GRAM

GRAM $1.48 ▲ +3.00% USDE

USDE $0.999815 ▲ +0.00%

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Governor Of CBI States: Crypto Mining To Be Allowed In Iran

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CoinsCapture

Jul 12, 2019 Updated Feb 25, 2020 0 min read

On July 10, the governor of the Central Bank of Iran (CBI) announced that Iranian authorities are planning to authorize cryptocurrency mining. Abdol Hemmati is a governor of CBI and he said that the government of Iran has approved the executive law and according to which mining of cryptocurrencies will authorize such as Bitcoin in Iran. Hemmati explained the new law for crypto mining would have to accept the price of electricity for export and the miners wouldn't be allowed to use the heavily subsidized internal energy grid. The price that Iran charges to export power to neighboring countries is 40% to 100% higher than it provides internally. After this news, it gave rise to another announcement that says, Iranian authorities are planning to cut down power for crypto mining as there is an abnormal increase in electricity consumption and that led to the increased rates of the crypto mining in the country. The Iranian government has seized around 1,000 units of Bitcoin mining hardware units from two mining operations. The deputy governor at CBI for new technologies said that buying and selling crypto is illegal in Iran, referring to local anti-money laundering rules. In the following days, we have to see what turn will Crypto mining take place? Whether Iranian authorities will allow crypto mining or not?