New sanctions have been issued to target Iranian automotive and railway industries. The U.S. Department of the Treasury announced new sanctions targeting Iranian rail and automotive conglomerates under…
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OFAC Disrupts Digital Asset Exchange Supporting Iran
The Justice Department has also targeted cryptocurrency proceeds from black-market sales of sanctioned Iranian crude oil and petroleum. The Treasury Department’s Office of Foreign Assets Control designated BitBank, a…
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U.S. Imposes Sanctions on Russia’s VTB
The financial institution was assisting Iran in evading sanctions. The Departments of State and Treasury announced that the Office of Foreign Assets Control (OFAC) placed sanctions on Russia’s VTB Bank…
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