OFAC just hammered Iranian exchange BitBank (NOT Japan's Bitbank) under Operation Economic Outcast.
Treasury claims they moved hundreds of millions in $BTC to IRGC this summer.
The real alpha: crypto rails are now full-on sanctions-compliance infrastructure. Every exchange, wallet, and fiat on-ramp touching designated Iranian venues is now screening risk.
If you're operating cross-border or touching gray-zone liquidity, compliance just became your biggest overhead. This isn't about Iran — it's about the precedent.
Crypto isn't borderless anymore. It's geofenced by Treasury.
Treasury claims they moved hundreds of millions in $BTC to IRGC this summer.
The real alpha: crypto rails are now full-on sanctions-compliance infrastructure. Every exchange, wallet, and fiat on-ramp touching designated Iranian venues is now screening risk.
If you're operating cross-border or touching gray-zone liquidity, compliance just became your biggest overhead. This isn't about Iran — it's about the precedent.
Crypto isn't borderless anymore. It's geofenced by Treasury.
