Reuters
02 Jun 2026, 19:38 UTC · 2h ago
US sanctions Iran's largest crypto exchange over IRGC links
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Reuters
02 Jun 2026, 19:38 UTC · 2h ago
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2 claims · impact-rated
The United States has imposed sanctions on Iran's largest cryptocurrency exchange. — Sanctions on a major exchange restrict liquidity, increase regulatory risk for the crypto sector, and disrupt institutional flows.
-0.60The U.S. alleges the exchange enabled the Iranian government and blacklisted entities to bypass Western sanctions. — This underscores a crackdown on sanctions evasion, potentially leading to tighter KYC/AML compliance burdens across all global exchanges.
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