US sanctions Iranian crypto exchange over Strait of Hormuz fees
- —US sanctions target an Iranian crypto exchange that processed Strait of Hormuz fees
- —The measure continues a series of restrictions against Iranian crypto platforms
- —The US had previously sanctioned major Iranian exchanges, including Nobitex
Why it matters: Tightening sanctions on Iranian crypto exchanges shrinks channels for evading restrictions and raises compliance risks for platforms dealing with Iran.
Source: Google News (crypto query)
More on this
Regulation · 03:50Kraken Co-CEO Blasts Hostile US Crypto Stance, Praises Europe's MiCA
Regulation · 03:40Crypto super PAC to spend millions to block former Democratic senator's return to DC
Regulation · 02:08TD Cowen sees little demand for tokenized stocks despite SEC's new trading rules