The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are «perfect» and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech innovation hub; and in Zimbabwe, the new finance minister is pushing the country’s central bank in a similar direction, calling on the RBZ to create a crypto unit..

ICO Market Maturing in 2018, Says UK Consultancy

The initial coin offering (ICO) market is snowballing, with 537 ICOs and $13.7 billion in funds closing successfully in the first five months of 2018. According to Consultancy UK’s article published on September 17, 2018, the ICO market’s boom is a result of more explicit regulation in some jurisdictions, which….