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Stablecoin giant Tether said on Monday it has helped US authorities freeze nearly $550 million in Iran-linked USDT so far this year. The company detailed two of those developments. The…
On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT. Yet that very same day, the Wall Street Journal (WSJ) published an…
Bitcoin’s impressive rally that began in August and culminated, for now, a few days ago with a surge past $87,000 could be in serious jeopardy as the tension in the…
The United States and Iran are reportedly discussing a phased arrangement that could reopen the Strait of Hormuz within roughly seven days in exchange for easing Washington’s blockade of Iranian…
The United States blacklisted Iranian crypto exchange Bitbank and its software developer over alleged sanctions-evasion activity. Treasury says financier Babak Zanjani used the platform to move hundreds of millions of…
The US Treasury Department has sanctioned cryptocurrency exchange BitBank as part of a wider crackdown on Iran’s financial networks. The Office of Foreign Assets Control (OFAC) said BitBank is controlled…
Despite the overall macro calamity experienced last week, bitcoin’s price surged from $75,000 to almost $82,000 within days, hitting its highest level since the start of the month. However, the…
U.S. prosecutors are seeking forfeiture of roughly $61 million in cryptocurrency allegedly generated through sanctioned Iranian oil sales. The assets are tied to a wider network accused of moving more…
CoinEx is preparing to shut down its platform after nearly nine years as the weakness across the crypto market has made operations increasingly difficult. The exchange said the broader industry…
According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT)…