Just think what a great decision Iran made. Having legalized mining, the country has created best conditions for large miners, because now it is safe for them. Perhaps the electricity fee will not be the most profitable but the police will never break your home to arrest mining farm
What is your opinion about that?
You should include a link next time:
Iran Legalizes Crypto MiningI imagine the US government will take this as cause to further clamp down on exchanges and other Bitcoin services. They'll push for stricter regulations and enforcement under the guise of concerns over sanctions.
This is what a US official said a few days ago:
"As Iran becomes increasingly isolated and desperate for access to U.S. dollars, it is vital that virtual currency exchanges, peer-to-peer exchangers and other providers of digital currency services harden their networks against these illicit schemes," said Sigal Mandelker, Treasury's undersecretary for terrorism and financial intelligence
I guess the citizens of this country are already banned from trading cryptocurrencies on most exchanges (not even speaking about regulated exchanges in the US). Whether this ban is strictly followed is another question, though I don't think that Iran makes a big contribution to cryptocurrencies in the first place. And I'm not sure their hackers are as sophisticated and advanced as North Korea's to fight it back