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US sanctions Iran’s BitBank, saying it processes ‘Hormuz Safe’ Bitcoin payments
US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of dollars in Bitcoin to the IRGC.
· 1 min read · 96 words · via Cointelegraph
Wire briefing
US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of dollars in Bitcoin to the IRGC.
Source: Cointelegraph. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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