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Policy

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

In a recent announcement, the United States Treasury Department identified a Tehran‑based digital‑currency exchange, BitBank, as a key conduit for illicit financial activity tied to Iran’s strategic maritime operations. According to the Treasury’s Office of Foreign Assets Control (OFAC), BitBank was instrumental in moving vast sums of cryptocurrency—estimated at several hundred million dollars—di…

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

Policy

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

In a recent statement, the United States Treasury Department announced a new round of sanctions targeting a Tehran‑based cryptocurrency exchange known as BitBank. According to the Treasury, the exchange played a pivotal role in moving massive sums of digital currency—specifically, hundreds of millions of dollars worth of Bitcoin—into the hands of Iran’s elite paramilitary force, the Islamic Revol…

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

Policy

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

According to a recent statement from the United States Department of the Treasury, a digital‑currency exchange operating out of Tehran, known as BitBank, was allegedly used as a conduit for massive financial flows that benefitted Iran’s Revolutionary Guard Corps (IRGC). The Treasury’s Office of Terrorism and Financial Intelligence (TFI) asserts that the exchange facilitated the movement of hundre…

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

Policy

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

In a recent announcement that underscores the growing intersection of digital assets and geopolitical strategy, the United States Treasury Department has placed sanctions on a Tehran‑based cryptocurrency exchange known as BitBank. According to the Treasury, BitBank was not merely a passive platform for ordinary traders; rather, it functioned as a critical financial conduit for Iran’s Revolutionar…

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

Policy

U.S. Claims Iran's Hormuz Toll Operator Used Bitcoin Exchange for Funding

The United States Treasury Department has taken decisive action against a Tehran‑based digital‑currency platform, accusing it of serving as a financial conduit for Iran’s Revolutionary Guard Corps (IRGC) and for collecting tolls from ships that traverse the strategically vital Strait of Hormuz. The entity at the center of the sanctions, BitBank, is described by U.S. officials as a cryptocurrency …

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

Policy

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

In a recent announcement, the United States Treasury Department identified a Tehran‑based digital‑currency exchange, BitBank, as a key conduit for illicit financial activity tied to Iran’s strategic maritime operations in the Strait of Hormuz. According to the Treasury’s Office of Foreign Assets Control (OFAC), the exchange was used to move vast sums of Bitcoin—amounting to several hundred millio…

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

Policy

Kevin O’Leary Predicts Congress Will Re‑examine Clarity Initiative Early Next Year as Crypto Tax Legislation Advances

Kevin O’Leary, the outspoken venture capitalist best known for his role on the television series "Shark Tank," has recently voiced a strong opinion about the trajectory of cryptocurrency regulation in the United States. According to O’Leary, the legislative agenda in Washington is poised to revisit the so‑called Clarity Act—formally known as the Crypto‑Asset Tax and Market Structure Bill—early in…

Sept. 17, 2026, 6:40 p.m.

Policy

Kevin O’Leary Predicts Congress Will Reexamine the CLARITY Act Early Next Year as Crypto Tax Legislation Progresses

Kevin O’Leary, the outspoken venture capitalist best known for his role on the television series Shark Tank, recently voiced a clear expectation that the United States Congress will turn its attention back to the CLARITY Act—legislation aimed at bringing greater transparency and oversight to the cryptocurrency market—early in the next calendar year. His comments came amid a broader legislative pu…

Sept. 17, 2026, 6:40 p.m.

Policy

Kevin O’Leary Predicts Congress Will Reexamine Clarity Legislation Early Next Year as Crypto Tax Bill Moves Forward

Kevin O’Leary, the outspoken entrepreneur and investor best known for his role on the television series "Shark Tank," has recently voiced a clear expectation that the United States Congress will return its attention to the Clarity Act—legislation aimed at providing a coherent regulatory framework for cryptocurrency markets—early in the coming year. His comments come at a time when a separate, hig…

Sept. 17, 2026, 6:40 p.m.

Policy

Kevin O’Leary Predicts Congress Will Reexamine the Clarity Act Early Next Year as Crypto Tax Legislation Moves Forward

Kevin O’Leary, the outspoken investor best known for his role on the television series "Shark Tank," has recently voiced a clear expectation that the United States Congress will revisit the so‑called Clarity Act—legislation aimed at establishing a comprehensive market‑structure framework for cryptocurrencies—early in the coming year. His comments come at a time when a separate, but related, piece…

Sept. 17, 2026, 6:40 p.m.