Iran bans mining cryptocurrency to save energy until March 6

According to Bloomberg News on December 29, Iran will ban cryptocurrency mining in the country before March 6 in order to save energy and avoid power shortages in winter. Iran shut down all cryptocurrency markets last summer to expose the country to the effects of the country's icy energy, and a bad dry spring has left Iran facing water shortages and harsh conditions. severe electricity shortages. This decision could affect Iran's financial situation. Indeed, Iran uses locally mined cryptocurrencies to increase its income in accordance with international sanctions.