Iran Preparing to Adopt Bitcoin

Announcements, News | October 31, 2017 By:

The government of Iran has been conducting studies into how to prepare an infrastructure to use bitcoin within the country, according to Deputy Minister of Information and Communication Technology Amir Hossein Davaee.

Currently, Iran has no specific regulation on digital currencies. However, a number of online exchange websites (licensed by the e-commerce sector’s regulatory body) buy and sell bitcoin.


Bitfinex to End Services in the US Next Month

Announcements, News, Regulation | October 20, 2017 By:

Hong Kong digital currency exchange Bitfinex , the third-largest by volume, will terminate all services for US customers by November 9. The exchange has urged all US-based customers to withdraw their holdings before the deadline.

In August, Bitfinex announced it was canceling service to US customers on its platform because of impractical regulations and policies imposed by the US Securities and Exchange Commission.