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

CoinTelegraphSeptember 18, 2026 at 1:33 AM

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.

This is a summary. For the full story, read the original article at CoinTelegraph.

Original source: CoinTelegraph

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