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Iran’s Strait of Hormuz toll booth ran through a bitcoin exchange, U.S. says
CoinDeskSeptember 18, 2026 · 7:34 AM2 min read
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.
Originally published on CoinDesk
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.
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