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US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions

Source: Cointelegraph
US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions

The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.

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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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