US Treasury Sanctions Iranian Exchange BitBank Over Bitcoin Transfers Tied to the IRGC

U.S. Treasury Sanctions Iran's BitBank Over Alleged Bitcoin Transfers

The Office of Foreign Assets Control designated BitBank as part of what the Treasury described as efforts to disrupt Iran-linked financial flows routed through digital assets.Read more...

U.S. Treasury Sanctions Iran’s BitBank Over Alleged Bitcoin Transfers

The Office of Foreign Assets Control designated BitBank as part of what the Treasury described as efforts to disrupt Iran-linked financial flows routed through digital assets. Read more...

US Treasury Sanctions Iranian Exchange BitBank Over Bitcoin Transfers Tied to the IRGC

The US Treasury sanctioned Iranian crypto exchange BitBank The action alleges the exchange moved hundreds of millions of dollars in bitcoin tied to Iran’s Revolutionary Guard Corps The sanctions bar US persons and institutions from transacting with the exchange...

US Sanctions Iran’s BitBank Over IRGC Bitcoin Transfers - Invest In Crypto News

US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz. The US Department of the Treasury’s Office of Foreign Assets Control said that as of June, the Hormuz Safe Marine Services Authority used BitBank to transfer payments it received to the […]