The U.S. Treasury has sanctioned Iranian digital asset venture BitBank, its developer Pishtaz Simorgh Electronic Trade Company, and three associates of financier Babak Zanjani over alleged sanctions e

INTELLIGENCE SUMMARY

The U.S. Treasury has sanctioned Iranian digital asset venture BitBank, its developer Pishtaz Simorgh Electronic Trade Company, and three associates of financier Babak Zanjani over alleged sanctions evasion and illicit financial activity.