US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
Covered by 2 sources · 2 articles
2 outlets - including Crypto and Cointelegraph - are covering this story. The U.S. Treasury sanctioned HormuzSafe and another Iranian insurer, alleging Bitcoin payments helped evade restrictions and fund the IRGC.
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U.S. sanctions Iranian maritime firm over Bitcoin payments
The U.S. Treasury sanctioned HormuzSafe and another Iranian insurer, alleging Bitcoin payments helped evade restrictions and fund the IRGC.
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.