VLCC

2026-07-05 18:10:12

US Warns Crypto Payments for Hormuz Transit May Trigger Sanctions Risk

The U.S. Treasury's OFAC warned that digital asset payments tied to Strait of Hormuz transit may create sanctions exposure. Maritime firms, insurers, banks, and counterparties could face enforcement or secondary sanctions if transactions involve Iran-linked entities.

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US Warns Crypto Payments for Hormuz Transit May Trigger Sanctions Risk