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EconomyUS says Iran’s Strait of Hormuz ‘toll booth’ ran through bitcoin exchange

The US Treasury sanctioned Tehran-based exchange BitBank, alleging it transferred hundreds of millions of dollars in bitcoin to Iran’s Revolutionary Guards and processed payments from ships buying passage through the Strait of Hormuz.

IranBitcoinStrait of HormuzUS Treasury

CCoinDesk★★★★☆2026-09-18 06:52Original

US says Iran’s Strait of Hormuz ‘toll booth’ ran through bitcoin exchange
US says Iran’s Strait of Hormuz ‘toll booth’ ran through bitcoin exchangeEconomy