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US sanctions Iran’s BitBank, saying it processes ‘Hormuz Safe’ Bitcoin payments

Cointelegraph · 2 days ago

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Risk contextUnknownOperational, security or regulatory context
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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.

AI output is based only on the stored feed text and may be incomplete or incorrect. It is not investment advice. Verify important claims at the original source.
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