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US sanctions Iranian crypto exchange BitBank over alleged bitcoin transfers to IRGC

Treasury said the previously sanctioned Hormuz Safe platform used BitBank to transfer payments collected since June.

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US sanctions Iranian crypto exchange BitBank over alleged bitcoin transfers to IRGC
Treasury said the previously sanctioned Hormuz Safe platform used BitBank to transfer payments collected since June.

Why this matters

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

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