US Sanctions Eight Canadian Money Firms Over Alleged Iran Crypto Links
The designations freeze covered assets and generally bar US dealings with the firms. OFAC also listed six Tron addresses.
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Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
More about SanctionsCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in World
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