Iranian authorities have allowed local companies to pay for imported goods with cryptocurrency. This is reported by the Tasnim news agency, citing Iranian Industry Minister Reza Fatemi-Amin’s statements at an auto industry exhibition in Tehran. For example, Iranian businessmen can now import cars using cryptocurrencies instead of US dollars or...
Iranian Ministry of Energy spokesman Mostafa Rajabi Mashhadi said there are 118 registered mining companies in the country that will be cut off from the state grid. Mashkhadi explained that last week saw a record electricity consumption of 62,500 megawatts (MW) at peak times. He added that current consumption could...
