“The government’s economic committee has approved a mechanism for mining digital coins and it will later be put to discussion at a cabinet meeting” announced the Governor of Central Bank of Iran cited by Tehran Times.

The same committee approved a plan to apply to apply rates for the electricity used by the iranian miners.

The head of the committee also stated that cryptocurrencies are recognized by the government

“In the meeting, some related issue to digital money industry were discussed and as decided, cryptocurrency is now recognized official by the government, and the power prices are decided to be equal to exported electricity prices…” reported Mehr News Agency.