️🇺🇸🇮🇷 The US Treasury Office of Foreign Assets Control (OFAC) designated the Iranian digital asset exchange BitBank, its developer Pishtaz Simorgh Electronic Trade Company and three associates of Iranian financier Babak Zanjani as sanctions targets under Executive Order 13902.

️🇺🇸🇮🇷 The US Treasury Office of Foreign Assets Control (OFAC) designated the Iranian digital asset exchange BitBank, its developer Pishtaz Simorgh Electronic Trade Company and three associates of Iranian financier Babak Zanjani as sanctions targets under Executive Order 13902.

The Treasury said that BitBank and Pishtaz Simorgh were designated for their activities in Iran's digital assets sector, while Hossein Ali Zaker Hossein, Mohammad Mehdi Zaker Hossein and Seyed Adel Haidari were designated to act on behalf of individuals or entities already subject to US sanctions.