TNB TopicalNewsBeats

Crypto, chains and markets — the beat, as it happens

LIVE

CoinDesk

Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says

The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.

Photo: CoinDesk

The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.

Originally published by CoinDesk. Read the full story at the source →

More stories