Regulation· ★★★· bearish·

US sanctions crypto exchange Bitbank over Iran ties

  • —The US sanctioned crypto exchange Bitbank over ties to Iran
  • —Odds of a US-Iran nuclear deal by September 30, 2026 fell to 0.5%
  • —The sanctions coincided with the Iraqi prime minister's visit to the US for talks with Trump
Why it matters: Sanctions on the exchange increase pressure on Iran's crypto sector and lower the odds of a nuclear deal, raising geopolitical risks for the market.
Source: Crypto Briefing
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