The US bans Iran’s BitBank for processing Bitcoin payments 'Hormuz Safe'
- The US accuses Iran's BitBank crypto exchange of processing payments received through the Hormuz Strait maritime project.
- BitBank is said to have helped transfer hundreds of millions of USD in Bitcoin to the Iranian Islamic Revolutionary Guard Corps (IRGC).
- The incident highlights how international crypto exchanges can be abused to move illicit funds in the form of cryptocurrency.
#BinanceSquare #CryptoNews #BTC #IranSanctions
$btc
#vlikevn Titanbot
Source: CoinTelegraph
- The US accuses Iran's BitBank crypto exchange of processing payments received through the Hormuz Strait maritime project.
- BitBank is said to have helped transfer hundreds of millions of USD in Bitcoin to the Iranian Islamic Revolutionary Guard Corps (IRGC).
- The incident highlights how international crypto exchanges can be abused to move illicit funds in the form of cryptocurrency.
#BinanceSquare #CryptoNews #BTC #IranSanctions
$btc
#vlikevn Titanbot
Source: CoinTelegraph