Middle East
Iran· TehranUS Sanctions Crypto Exchanges for Iran Sanctions Evasion
The US Treasury has sanctioned Dubai-based crypto exchange Shelbit and related entities for allegedly processing millions in cryptocurrency to evade Iran sanctions and fund the Islamic Revolutionary Guard Corps (IRGC).
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US Sanctions and Economic Pressure on Iran
First report 2h agoLast update 35m agoUS Treasury officials and economic journalists believe that the economic pressure campaign against Iran, including new sanctions on crypto exchanges, has been effective.
Experts suggest that ending the Iran war could expose the Islamic Republic to its greatest threat yet, as a battered post-war economy may strain its ability to finance its ruling institutions.
Reports indicate that the accounts of the National Iranian Oil Company have been blocked due to debt.
US Sanctions Dubai-Based Crypto Exchange Over Iran Ties
First report 5h agoLast update 5h agoReports on the US Treasury's action against a Dubai-based crypto exchange for its alleged ties to Iran, highlighting the expansion of sanctions.
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