US sanctions firms behind Iran’s Strait of Hormuz BTC insurance scheme
Iran's BTC insurance scheme would reportedly generate over $10B in revenue for the country and help it maintain control over the Strait.
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Iran's BTC insurance scheme would reportedly generate over $10B in revenue for the country and help it maintain control over the Strait.
Read more (2 min) →Two Iranian financiers were sanctioned for using crypto and a "shadow banking" network to evade sanctions and facilitate Iran's oil sales.
As Trump plans to talk peace with Putin, the US sanctioned several Russian crypto firms aiding a billion dollar sanction evading ecosystem.
The US Office of Foreign Assets Control ended sanctions against the crypto mixer Tornado Cash and claims to remain concerned about the DPRK.