Iran Legitimizes Crypto Mining Industry, Bitcoin Price Spikes to $24,000 Locally

The Iranian government’s recognition of cryptocurrency mining as a legitimate industry propelled bitcoin price to hit record highs at a time when the country closes in on its own national cryptocurrency to evade sanctions. According to local news agency IBENA, the country’s High Council of Cyberspace (HCC) has confirmed that the government now sees the … Continued The post Iran Legitimizes Crypto Mining Industry, Bitcoin Price Spikes to $24,000 Locally appeared first on CCN

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Goldman Sachs-backed Crypto Giant Circle Seeks a US Banking License

Cryptocurrency unicorn Circle is in talks with US regulators about pursuing a federal banking license and registering as a securities exchange. Circle CEO Jeremy Allaire revealed the firm’s plans during a recent interview with Bloomberg, explaining that it hopes to become the first cryptocurrency startup to receive such licensure at the federal level. “To hold The post Goldman Sachs-backed Crypto Giant Circle Seeks a US Banking License appeared first on CCN

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