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Treasury Sanctions Crypto Exchange Behind Iran's Bitcoin Tolls on Hormuz Ships

OFAC says hundreds of millions of dollars in Bitcoin moved through BitBank to the Revolutionary Guards in two months.

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Treasury Sanctions Crypto Exchange Behind Iran's Bitcoin Tolls on Hormuz Ships
OFAC says hundreds of millions of dollars in Bitcoin moved through BitBank to the Revolutionary Guards in two months.

Why this matters

Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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