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U.S. treasury sanctions two iranian firms linked to bitcoin payments and sanctions evasion

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5 outlets - including Decrypt, Coinotag and Coinedition and 2 more - are covering this story. OFAC sanctioned two Iranian firms including Hormuz Safe, which “accepts payment in Bitcoin and other digital assets.”

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US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage
Decrypt Ethereum Jul 31, 15:05 UTC

US Treasury Sanctions Iranian Firms Taking Bitcoin for Hormuz Passage

OFAC sanctioned two Iranian firms including Hormuz Safe, which “accepts payment in Bitcoin and other digital assets.”

Bitcoin Payments Draw OFAC Sanctions Against Two Iran Firms
CoinOtag Jul 30, 16:58 UTC

Bitcoin Payments Draw OFAC Sanctions Against Two Iran Firms

Crypto News U.S. regulators placed Bitcoin (BTC) at the center of a new sanctions case on Wednesday, when the Office of Foreign Assets Control designated two Iran-linked firms accused of supporting...

U.S. Sanctions Iranian Firms Over Bitcoin-Paid Hormuz Insurance
CoinEdition Jul 30, 07:50 UTC

U.S. Sanctions Iranian Firms Over Bitcoin-Paid Hormuz Insurance

The US Treasury sanctioned two Iranian entities this week, the Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority. Both broker IRGC-approved insurance that forces commercial vessels to buy coverage before transit…

U.S. sanctions two Iranian maritime insurers for using crypto to bypass sanctions
Bitcoin World Jul 30, 03:35 UTC

U.S. sanctions two Iranian maritime insurers for using crypto to bypass sanctions

BitcoinWorld U.S. sanctions two Iranian maritime insurers for using crypto to bypass sanctions The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Iranian maritime insurance entities, accusing…

U.S. treasury sanctions two iranian firms linked to bitcoin payments and sanctions evasion
Crypto Briefing News Jul 29, 15:17 UTC

U.S. treasury sanctions two iranian firms linked to bitcoin payments and sanctions evasion

The sanctions may exacerbate U.S.-Iran tensions, complicating nuclear talks and affecting market confidence in diplomatic resolutions. The post U.S. treasury sanctions two iranian firms linked to bitcoin payments and sanctions evasion appea…