Browsing: exchange

Add preferred source The U.S. Treasury Department on the 17th imposed sanctions on Bitbank, a cryptocurrency exchange controlled by sanctioned Iranian financier Babak Zanjani. The exchange allegedly processed safe-passage fees for vessels transiting the Strait of Hormuz and funneled hundreds of millions of dollars to the Islamic Revolutionary Guard Corps. A software development firm and…

Finding the best crypto exchange in Nigeria takes more than a quick Google search. Since the Nigerian SEC began enforcing its crypto licensing framework in August 2024, only regulated platforms can legally operate in the country. Meanwhile, global exchanges have expanded NGN support, making it easier than ever to buy, sell, and swap digital assets…

The United States on Thursday announced sanctions against an Iranian cryptocurrency exchange, BitBank, alleging its involvement in facilitating payments for safe passage of ships through the Strait of Hormuz. The exchange is tied to Babak Zanjani, a prominent figure in Iran’s sanction-evasion networks.

The United States government has implemented new sanctions aimed at an Iranian cryptocurrency exchange, further increasing tensions in the Gulf region. The exchange, under the control of the already sanctioned financier Babak Zanjani, is alleged to have been facilitating payments for safe passage through the critical Strait of Hormuz.

Ethereum price is eyeing $2,570 as falling exchange supply adds fuel to its recovery narrative. $ETH remains trapped inside a four-hour descending channel, making the next breakout crucial. A sharp move above $2,570 could open the path toward $2,700 and potentially $3,000, while another rejection may extend the consolidation.