OFAC Sanctions Iran’s BitBank, Alleging IRGC Bitcoin Transfers
OFAC designated Iran’s BitBank and its software developer, alleging the exchange helped transfer hundreds of millions of dollars in Bitcoin to the IRGC.
Tag: OFAC
OFAC Adds Iran’s Digital Asset Sector to Sanctions Framework
A new sectoral determination broadens OFAC’s authority to target foreign parties operating in or supporting Iran’s digital asset economy.