US sanctions Iranian crypto exchange BitBank over Hormuz payments

US sanctions Iranian crypto exchange BitBank over Hormuz payments

The US government says the exchange was used to channel payments from an Iranian maritime-insurance scheme to the regime.

Elizabeth Hagedorn

Sep 17, 2026

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A pedestrian passes by the Treasury Building in Washington on Jan. 18, 2023. — MANDEL NGAN/AFP via Getty Images

WASHINGTON — The US Treasury Department on Thursday imposed sanctions on an Iranian........

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