FinCEN Issues Advisory On Iran’s “Illicit” Use of Crypto to Bypass Sanctions

FinCEN Issues Advisory On Iran’s “Illicit” Use of Crypto to Bypass Sanctions 1

Concerns are growing surrounding Iran’s use of cryptocurrencies like Bitcoin and Monero and soon, their own native cryptocurrency – to evade economic sanctions put in place by the U.S., prompting FinCEN to issue an advisory on the topic.

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