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Policy

U.S. Claims Iran’s Hormuz Toll Collection Operated Via a Bitcoin Platform

In a recent announcement, the United States Treasury Department disclosed that it has imposed sanctions on a Tehran‑based digital‑currency exchange known as BitBank. According to the Treasury, BitBank was not merely a passive platform for trading cryptocurrencies; it allegedly functioned as a financial conduit for the Islamic Republic’s military and strategic interests. The agency alleges that th…

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Booth Operated Via Bitcoin Exchange

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Booth Operated via a Bitcoin Exchange

In a recent statement, the United States Treasury Department announced a series of sanctions targeting BitBank, a cryptocurrency exchange headquartered in Tehran. According to the Treasury, BitBank played a pivotal role in funneling vast sums of digital currency—specifically Bitcoin—directly to Iran’s Islamic Revolutionary Guard Corps (IRGC). The agency further alleges that the exchange acted as …

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Collection Operated via a Bitcoin Platform

In a recent announcement, the United States Treasury Department disclosed that it has placed sanctions on a Tehran‑based digital‑currency exchange known as BitBank. According to the Treasury, BitBank was used as a conduit for moving vast sums of money—measured in the hundreds of millions of dollars—into the hands of Iran’s Islamic Revolutionary Guard Corps (IRGC). The agency further alleges that …

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Booth Utilized a Bitcoin Exchange

In a recent statement, U.S. officials have accused a Tehran‑based cryptocurrency platform, known as BitBank, of playing a pivotal role in financing Iran’s Revolutionary Guard Corps (IRGC) by channeling vast sums of digital currency. According to the Treasury Department, the exchange facilitated the movement of hundreds of millions of dollars’ worth of bitcoin, which were subsequently used to supp…

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. claims Iran’s Hormuz toll booth operated via a bitcoin exchange

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Booth Operated via a Bitcoin Exchange

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Collection Operated via a Bitcoin Platform

In a recent announcement that underscores the growing intersection between digital finance and geopolitical conflict, the United States Treasury Department has imposed sanctions on a Tehran‑based cryptocurrency exchange known as BitBank. According to the Treasury’s Office of Foreign Assets Control (OFAC), the platform was used as a conduit for moving vast sums of value—measured in hundreds of mil…

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. Claims Iran’s Hormuz Toll Booth Operated via a Bitcoin Platform

In a striking development that underscores the growing intersection of digital finance and geopolitical strategy, the United States Treasury Department has announced sanctions against BitBank, a cryptocurrency exchange based in Tehran. According to the Treasury, BitBank served as a critical conduit for moving vast sums of Bitcoin—amounting to hundreds of millions of dollars—directly to Iran’s eli…

Sept. 18, 2026, 6:52 a.m.

Policy

U.S. alleges Iran’s Hormuz toll collection used a bitcoin exchange

Sept. 18, 2026, 6:52 a.m.