U.S. Treasury Sanctions UK Crypto Exchanges Over Alleged Iran Sanctions Evasion

The U. S. Treasury has taken a decisive step into crypto enforcement, sanctioning two UK-registered exchanges for allegedly helping Iran evade long-standing U. S. sanctions. The Office of Foreign Assets Control (OFAC) targeted Zedcex and Zedxion, accusing them of facilitating large-scale financial flows tied to Iran’s Islamic Revolutionary Guard Corps (IRGC). The move marks a major shift … source: https://coinpedia.org/news/u-s-treasury-sanctions-uk-crypto-exchanges-over-alleged-iran-sanctions-evasion/