Iran Minister Proposes Kish Island As Crypto Exchange Hub
Iran’s ICT minister has made a proposal that the Persian Gulf island of Kish should be transformed into a crypto exchange hub. Kish is an island off the Persian Gulf coast in Southern Iran, and it hosts one of the country’s free trade zones. Muhammad Javad Azari Jahromi, Iran’s information and communications minister, made the […]
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Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners. Iran ICT Minister Says Gulf Island of Kish Has What It Takes to Be a Crypto Exchange Center Muhammad Javad Azari Jahromi, the Islamic Republic’s minister for information and communications technology, made the crypto-friendly proposal during a recent visit to Kish. The 91-square-kilometer....
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal with the complex issue.
Blockchain Association Proposes Public-Private Partnership on Crypto Rules in Iran
Tehran authorities such as the Central Bank of Iran (CBI) are not capable of regulating cryptocurrencies, according to the head of the Iran Blockchain Association (IBA). Тhe....
The Vanuatu government announces its support for the Satoshi Island Community Project, a private crypto island where fiat isn't invited. It’s not every day that a country’s leader endorses a cryptocurrency project. Nayib Bukele, the President of orange-pilled El Salvador, was the first leader to endorse Bitcoin (BTC). Now, the prime minister of Vanuatu, the Honourable Bob Loughman, has officially given the green light to Satoshi Island. The Vanuatu government approval, which Satoshi Island was happy to share with Cointelegraph. Source: SISatoshi Island is the megaproject crypto utopia in....
Iran has now finally given a green signal to the use of cryptocurrency for imports into the nation while international trade sanctions are underway. This approval has come from Iran’s Industry, Mines and Trade Ministry. Trade Minister Reza Fatemi Amin gave confirmation that these regulations which are quite detailed have been approved and were in […]
New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their development for too long. Government Official Cautions Against Impeding Crypto Development Over the past few years, Tehran has moved closer to reaching its income tax targets, Iran’s Minister of Economic Affairs and Finance, Farhad Dejpasand, remarked recently. He revealed that the....