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US Treasury sanctions Iranian maritime firm for accepting Bitcoin to dodge restrictions

HormuzSafe used cryptocurrency to circumvent US sanctions and funnel revenue to Iran's Islamic Revolutionary Guard Corps, marking another intersection of Bitcoin adoption and geopolitical enforcement that regulators are actively policing.

RECORDED 2026-07-30 · 13:00 UTC
Reported by Cointelegraph
RECORD BTC-C6DDC969 · WRITTEN ONCE
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