Posted inCrypto News Regulation
US Treasury Sanctions an Iranian Bitcoin Exchange
The US Treasury sanctions BitBank, an Iranian exchange accused of moving hundreds of millions in bitcoin to the IRGC and processing Hormuz Safe payments.
Articles tagged sanctions
Posted inCrypto News Regulation
US Prosecutors Freeze $52M on a Telegram Scam Market
US prosecutors froze $52M of crypto on Xinbi Guarantee, a Telegram marketplace that had processed $24B for more than 650,000 users.
Posted inCrypto News Macroeconomics Regulation
Iran Crypto Becomes a US Sanctions Target
The US Treasury named Iran crypto a sanctionable sector. Close to 60 entities designated and roughly $1B seized to date.
Posted inBitcoin Crypto News
Iran Launches Hormuz Safe: Bitcoin Maritime Insurance
Iran is building Hormuz Safe, a Bitcoin-settled maritime insurance platform for tankers crossing the Strait of Hormuz. Up to $2 million per vessel.