Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses.

Iran Transacts World's 1st International Import Order Worth $10M Using Crypto

Iran has made the first-ever importation of goods using crypto, according to Alireza Peyman-Pak, the Vice Minister of Industry, Mine & Trade. (Re

Iran makes $10M import with crypto, plans 'widespread' use by end of Sept

Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals. Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official. News that the Islamic republic placed its first import order using crypto was shared by Iran’s Deputy Minister of Industry, Mine & Trade Alireza Peyman-Pak in a Twitter post on Aug. 9.W

Iran Places First Official Import Order With Cryptocurrency Worth $10 Million

Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official.

U-Turn: Iran Imports $10 Million Worth of Goods in Crypto (Report)

The Iranian Ministry of Industry, Mine, and Trade facilitated the nation's first import of goods in cryptocurrencies.

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power.

Crypto Exchange Kraken Under Investigation for Allegedly Allowing Iranian Sanction Evasion: Report

Crypto exchange Kraken is reportedly under federal investigation for allegedly violating a US sanction against Iran.

Kraken Under Probe for Allegedly Violating US Sanctions on Iran

The US Treasury Department is investigating Kraken on suspicion that the crypto exchange allowed Iranian users to use its trading platform despite federal sanctions on the middle eastern country.

Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions

On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating US sanctions, according to five people familiar with the matter.

Treasury's OFAC is investigating Kraken for violating US sanctions: Report

More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange. The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto — a potential violation of US sanctions.According to a Tuesday report from the New York Times, OFAC has been looking into Kraken’s alleged sanctions violations since 2019 and may be close to imposing a fine on the exchange.

Treasury Investigating Kraken for Alleged Iran Sanctions Violations: Report

Unnamed sources told the New York Times that Kraken is suspected of allowing users in Iran to use its exchange despite federal sanctions.