Gov’t to Raise $200m in Bonds

The government plans to sell 58.4 trillion rials ($201 million) in bonds at the weekly auction next week.
Maturity dates are October 2022 and October 2023, according to a notice on the Central Bank of Iran website.
Selling debt has become governmen…

The government plans to sell 58.4 trillion rials ($201 million) in bonds at the weekly auction next week. Maturity dates are October 2022 and October 2023, according to a notice on the Central Bank of Iran website. Selling debt has become government policy in recent years to raise funds for...

Iran Crypto and Blockchain Association Starts Operation

Iran Blockchain and Cryptocurrency Association has started operating under the supervision of Iran Chamber of Commerce, Industries, Mining and Agriculture.
Mohammad Reza Sharafi, a board member of the group, made the announcement in a talk with Way2…

Iran Blockchain and Cryptocurrency Association has started operating under the supervision of Iran Chamber of Commerce, Industries, Mining and Agriculture. Mohammad Reza Sharafi, a board member of the group, made the announcement in a talk with Way2pay website, expressing the hope that the...

Bahrain Loses Case Against Iran Banks

Bahrain has been ordered by the Permanent Court of Arbitration in The Hague to pay over €۲۰۰ million in damages plus costs to two Iranian banks for the unlawful moves against f their operations in Manama in an act of “political retribution”,  an offi…

Bahrain has been ordered by the Permanent Court of Arbitration in The Hague to pay over €200 million in damages plus costs to two Iranian banks for the unlawful moves against f their operations in Manama in an act of "political retribution",  an official with the Vice Presidency for Legal Affairs...

Insurers Assess Hormozgan Quake Payout at $25 Million

Insurance companies are looking into damage caused by the  massive earthquake that struck southern Hormozgan Province off the Persian Gulf.
Two strong tremors, the largest a 6.4, shook Bandar Abbas killing at least one person and injuring at least 9…

Insurance companies are looking into damage caused by the  massive earthquake that struck southern Hormozgan Province off the Persian Gulf. Two strong tremors, the largest a 6.4, shook Bandar Abbas killing at least one person and injuring at least 98 others, the Iran Emergency Medical Services...

Illegal Cryptominers Gobbled $16.5 Million in Power Subsidies

Illegal cryptomining centers shut by the Iran Power Generation, Distribution and Transmission Company (Tavanir) used 3.84 trillion rials ($16.5 million) in subsidized electricity and inflicted 380 billion rials ($1.3 million) in damages to the nation…

Illegal cryptomining centers shut by the Iran Power Generation, Distribution and Transmission Company (Tavanir) used 3.84 trillion rials ($16.5 million) in subsidized electricity and inflicted 380 billion rials ($1.3 million) in damages to the national grid. Speaking at a press conference on...

Russia Resumes Regular Flights to Iran

As of Nov. 9, Russia has resumed regular flights to Iran as well as Bahamas, the Netherlands, Norway, Oman, Slovenia, Tunisia, Sweden and Thailand, which were interrupted due to the coronavirus pandemic.
The Iran flights are operated between Moscow …

As of Nov. 9, Russia has resumed regular flights to Iran as well as Bahamas, the Netherlands, Norway, Oman, Slovenia, Tunisia, Sweden and Thailand, which were interrupted due to the coronavirus pandemic. The Iran flights are operated between Moscow and Tehran thrice a week. Flights are operated...

TSE Appoints New Chief

The board of directors of Tehran Stock Exchange on Sunday appointed Mahmoud Goudarzi as the new head.
Goudarzi was appointed as TSE caretaker on Sept.29 after the former CEO Ali Sahrae’e was forced to step down following a scandal related to the und…

The board of directors of Tehran Stock Exchange on Sunday appointed Mahmoud Goudarzi as the new head. Goudarzi was appointed as TSE caretaker on Sept.29 after the former CEO Ali Sahrae’e was forced to step down following a scandal related to the undeclared and unauthorized   cryptocurrency...

Crackdown on Unlawful Cryptomining Continues

The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week.
Iran Power Generation, Distribution and Transmission Company, Tavanir, said the equipment were seized from 14 illegal centers across the…

The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week. Iran Power Generation, Distribution and Transmission Company, Tavanir, said the equipment were seized from 14 illegal centers across the country mostly in Tehran, East Azarbaijan,...

CBI Governor in Baghdad

Central bank officials from Iran and Iraq met Wednesday in Baghdad to review issues related to the extended delays in the repayment of Iraqi government’s debts.
Ali Salehabadi, governor of the Central Bank of Iran and his Iraqi counterpart Mustafa G…

Central bank officials from Iran and Iraq met Wednesday in Baghdad to review issues related to the extended delays in the repayment of Iraqi government's debts. Ali Salehabadi, governor of the Central Bank of Iran and his Iraqi counterpart Mustafa Ghaleb discussed ways to enhance cooperation...

Regulators Alone Cannot Resolve Contentious Cryptocurrency Issues

The Central Bank of Iran is not capable of regulating cryptocurrencies, says the head of the Iran Blockchain Association, calling for creating an independent council to get the job done.
“We need a special council of representatives from state bodie…

The Central Bank of Iran is not capable of regulating cryptocurrencies, says the head of the Iran Blockchain Association, calling for creating an independent council to get the job done. "We need a special council of representatives from state bodies and private enterprise to craft regulations...