The U.S. Treasury's Office of Foreign Assets Control (OFAC) announced on the 17th that it has designated the Iranian financier Babak Zanjani-affiliated cryptocurrency exchange BitBank for sanctions. The sanctions are part of the U.S. administration's comprehensive economic sanctions against Iran, known as 'Operation Economic Outcast.'
According to the Treasury, BitBank has transferred hundreds of millions of dollars worth of Bitcoin from June to July...
