US sanctions Iranian crypto exchange BitBank over IRGC Hormuz bitcoin transfers
The United States has sanctioned Iranian cryptocurrency exchange BitBank over alleged bitcoin transfers linked to Iran's Islamic Revolutionary Guard Corps (IRGC) and activity connected to the Strait of Hormuz. The action highlights…
investingLive
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Sep 18, 2026 at 1:03 AM UTC · 1 min de lectura
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Why did the US sanction BitBank?
According to the headline and excerpt, the US sanctioned BitBank over alleged bitcoin transfers connected to Iran's IRGC and Hormuz-related activity.
What is BitBank in this story?
BitBank is described as an Iranian cryptocurrency exchange targeted by US sanctions.
What role did bitcoin play in the sanctions case?
The reported basis for the action involves bitcoin transfers allegedly linked to the IRGC and activity associated with Hormuz.
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Originally reported by investingLive
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