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US Treasury sanctions HormuzSafe over Bitcoin payments tied to Iran's IRGC

7/30/2026

A US Treasury designation of HormuzSafe, an Iranian maritime company, puts $BTC back in the enforcement spotlight.

The department says the firm accepted Bitcoin and other digital assets to evade American sanctions and send revenue to Iran's Islamic Revolutionary Guard Corps.

The next confirmable milestone is the Office of Foreign Assets Control's Specially Designated Nationals entry, which may name specific digital asset addresses that regulated platforms are required to block.

The mechanism Treasury described The Treasury's action centers on how value moved.

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