Bitcoin
US Sanctions Iranian Crypto Exchange BitBank Over Alleged IRGC Transfers
Crypto Daily·September 19, 2026·1 min read
The US Treasury sanctioned Iranian crypto exchange BitBank, alleging it moved hundreds of millions of dollars in Bitcoin to the IRGC via Hormuz Safe. This action targets the exchange's role in facilitating transfers to a designated terrorist organization, highlighting regulatory crackdowns on crypto use in illicit finance.
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