HomeAmericaUS Treasury issues new Iran sanctions targeting crypto exchanges

US Treasury issues new Iran sanctions targeting crypto exchanges

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June ‌2 (Reuters) - The United ​States issued new ⁠Iran-related sanctions on Tuesday, targeting individuals ​and crypto exchanges, ‌a notice on the Treasury Department website showed.

The ⁠U.S. ⁠sanctioned four Iranian nationals and four Iran-based digital asset ‌exchanges Nobitex, Bitpin, Ramzinex ⁠and Wallex, ‌the Treasury ​said.

Foreign financial institutions and individuals may ‌also be ​sanctioned ⁠if they engage in ‌certain ⁠transactions with the four firms, the department ​added.

(Reporting ‌by Bhargav Acharya; Editing ⁠by ​Christian Martinez and ​Costas Pitas)

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