Ninjastic
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Re: Bitcoin legalized in Uzbekistan and Iran
by
Voidcrafter
on 13/09/2018, 20:58:29 UTC
Quote from: GayOfThrones on September 09, 2018, 10:14:05 AM
News have emerged in Bitcoin being legitimazed in Uzbekistan.
A decree has been signed that permits the existence of cryptocurrency exchanges and other activity surrounding the industry.
At the same time Iran's government is allegedly about to recognize Cryptocurrency Mining as Industry.

https://inc42.com/buzz/cryptocurrency-this-week-while-uzbekistan-legitimises-bitcoin-iran-recognises-mining-as-industry-and-more/

Which are your thoughts on that? I find the Iranian news especially interesting, as energy prices are very cheap in Iran.
Uzbekistan is a country in which there is cheap electricity that is available for bitcoin mining. This is really great news for those who want to earn on production. Of course it is very important that Iran has joined the countries that are favorable to the cryptocurrency. This is a big plus for the market.