US blacklists BitBank over Iran-linked crypto transfers
The United States has sanctioned Iranian cryptocurrency exchange BitBank, accusing it of helping move hundreds of millions of dollars in Bitcoin to the Islamic Revolutionary Guard Corps and processing payments linked to Tehran. The Treasury Department’s Office of Foreign Assets Control designated BitBank on September 17 under Executive Order 13902, which targets sectors of Iran’s economy. The…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
