The Iranian authorities have allowed the use of cryptocurrency as a method of payment for imported goods. In October 2020
“Lenders and exchangers have been notified ofregulatory framework for payments in cryptocurrency, - said the Iranian authorities. “We haven’t provided any additional details yet, but they will come in the near future.”
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In 2019, Iran legalized cryptocurrency mining,but at the same time introduced strict rules to control it. Having adopted this practice as a way to accumulate funds protected from sanctions, the journalists of the Financial Times wondered if Iran was not going to become a "country of bitcoins."
In 2020, Iran came under US sanctions. Official financial institutions have been disconnected from the SWIFT interbank system - now they cannot pay with dollars on imported goods.
In July 2020, the government ordered workersin the country of miners, register with the disclosure of the identity, type and amount of installed equipment. The authorities allowed them to work with a license and a specific tariff.
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