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

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.

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

We haven't written up this one. Cointelegraph has the full story — the link below goes straight to it.

Read the original at cointelegraph.com →

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