Browsing Tag

Iran

The legislators of the Iranian parliament presented a bill that will allow crypto mining in their territory with well-established rules and a preponderant role of the Central Bank. The project aims to "support cryptocurrency mining and organize the internal exchange market", instructing the Central…
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OPEC cuts back its oil production

The Organization of the Petroleum Exporting Countries (OPEC) cut its production in May by 236,000 barrels of crude oil per day, mainly due to the effect of US sanctions on Iran, according to the monthly report of the cartel on the oil…