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

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.
FinCEN on Iran’s Exploitation of Financial Markets
The Financial Crimes Enforcement Network (FinCEN) has issued an alert, warning U.S.-based financial institutions, such as cryptocurrency exchanges, about Iran’s  “illic