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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.

Source
Cointelegraph
Published
2026-09-18 01:33 UTC
Cache updated
2026-09-18 01:43 UTC

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