US Treasury Sanctions Iranian Firms Behind Bitcoin enabled Shipping Insurance Scheme in Strait of Hormuz
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Iranian companies central to what it describes as an illicit insurance program targeting commercial ships navigating the Strait of Hormuz. Announced on July 29, 2026, the designations target… Read More
Read more in: Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bitcoin, insurance, iran, sanctions, us treasury





