Geopolitics

US State Department said Washington's new sanctions against the Babak Zanjani network for transferring hundreds of millions of dollars in Bitcoin to the IRGC targeted Iran's efforts to finance destabilising activities through digital currency networks

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The US sanctioned Babak Zanjani's network for transferring hundreds of millions in Bitcoin to the IRGC, countering Iran's use of digital asset networks to fund destabilizing activities.

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Says: We remain committed to blocking the Iranian government and the IRGC's access to resources they use to threaten regional stability, support "terrorism," and undermine international security.

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