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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Iran to Introduce Additional Penalties for Illegal Crypto Mining

The Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity.

by Godfrey Benjamin
Apr 19, 2022

CRYPTOCURRENCY

Iran to Introduce Additional Penalties for Illegal Crypto Mining

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