Treasury Targets Iran Crypto Sector and $100M Oil Payment Network
The Treasury has opened Iran’s digital asset sector to broader sanctions while targeting a broker accused of processing over $100 million in cryptocurrency for oil sales supporting Iran’s military and its proxies. OFAC Opens Iran’s Digital Asset Sector to Sanctions Foreign crypto businesses now face broader sanctions exposure when dealing with Iran-linked counterparties following the […]
Key Takeaways
- The Treasury has opened Iran’s digital asset sector to broader sanctions while targeting a broker accused of processing over $100 million in cryptocurrency for oil sales supporting Iran’s military and its proxies.
- OFAC Opens Iran’s Digital Asset Sector to Sanctions Foreign crypto businesses now face broader sanctions exposure when dealing with Iran-linked counterparties following the […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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