Iran vs Sudan
Crypto regulation comparison
Iran
Sudan
Iran has a complex stance on cryptocurrency. Crypto mining is legal and licensed by the Ministry of Industry, but using crypto for domestic payments is banned by the CBI. The government has explored using crypto for international trade to circumvent sanctions. Mining operations are periodically shut down during energy shortages.
Sudan has a restrictive financial environment compounded by political instability and historical international sanctions. The central bank has warned against crypto use.
Key Points
- Crypto mining is legal and licensed by the Ministry of Industry, Mine and Trade
- CBI bans using crypto as a domestic payment method
- Licensed miners must sell mined crypto to the CBI or authorized exporters
- Government has explored crypto for sanctions evasion in international trade
- Mining farms periodically shut down during summer/winter energy demand peaks
Key Points
- Central bank has warned against cryptocurrency use
- Political instability and conflict limit regulatory development
- Historical international sanctions restrict financial access
- No specific cryptocurrency legislation
- Very limited crypto infrastructure