U.S. Treasury Investigates Crypto Exchanges for Iran Sanctions Evasion

The U.S. Treasury is examining cryptocurrency exchanges to ensure compliance with Iran sanctions, as revealed by TRM Labs' Ari Redbord.

The United States Department of the Treasury has initiated an investigation into cryptocurrency exchanges, expanding its focus beyond merely wallets. This action stems from concerns that these platforms might be facilitating Iran's evasion of international sanctions, as highlighted by Ari Redbord from TRM Labs.