Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency,
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Iran and Russia want to issue new stablecoin backed by gold
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
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Iran court orders the release of seized crypto mining equipment
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.
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Iran Returns Seized Crypto Mining Equipment to Miners
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained
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Proactive sanctions can help spare the ecosystem: Chainalysis exec
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.
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Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has
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