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  • EghtesadOnline: After months of speculation over the fate of mining and trading cryptocurrencies in Iran, the government late on Sunday announced that it recognizes mining cryptocurrency as a legal industrial activity.

  • EghtesadOnline: The Iranian Mines and Mining Industries Development and Renovation Organization is pursuing plans to expand mineral explorations to cover 300,000 square kilometers by the end of the second term of President Hassan Rouhani (August 2021), says deputy minister of industries, mining and trade.

  • EghtesadOnline: The production of a single unit of bitcoin withdraws about 200 million rials ($1,400) in state subsidies, the Energy Ministry’s spokesman for the power department said.

  • EghtesadOnline: The three main sectors of Iran’s economy, namely agriculture, mining and industries, delivered a poor performance in terms of production during the third quarter of the last fiscal year (Sept. 23-Dec. 21, 2018), latest data published by the Ministry of Cooperatives, Labor and Social Welfare’s Center of Statistics show.

  • EghtesadOnline: The Statistical Center of Iran carries out a yearly census to collect information about active mines and mineral plants in the country, with the 36th conducted in the current fiscal year (March 2018-19).

  • EghtesadOnline: The Statistical Center of Iran has released its latest report on Producer Price Index for industrial and mining sectors.

  • EghtesadOnline: The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national cryptocurrency, which move saw Bitcoin’s price briefly spike to record levels on local exchanges.

  • EghtesadOnline: The administration of President Hassan Rouhani has accepted crpytocurrency mining as an industry that needs to be developed in Iran, the secretary of the High Council of Cyberspace said.

  • EghtesadOnline: The Foreign Investment Promotion and Protection Act (FIPPA) requires major procedural revision, according to a new study carried out on the order of the Tehran Chamber of Commerce, Industries, Mining, and Agriculture.

  • EghtesadOnline: Iran’s villages are being deserted by their inhabitants slowly but steadily.