Global trade is only global thanks to key commercial arteries established over the duration of human history. Think the Panama Canal, the Suez Canal, the Strait of Gibraltar and many more. On that list is the Strait of Hormuz in Iran, through which around 20%...
Iran reportedly used two of Great Britain’s largest banks to get around sanctions. Santander UK and Lloyds provided accounts to front companies owned by sanctioned Iranian petrochemical companies, the Financial Times reported Sunday (Feb. 4), citing documents seen by the paper’s journalists. According to the report, the state-run Petrochemical...
The U.S. Treasury Department has officially reached a settlement with crypto exchange Kraken over alleged transactions in Iran. In a statement released by the Treasury’s Office of Foreign Assets Control (OFAC) on Monday (Nov. 28), the U.S. Treasury outlined the terms of its settlement with...
Central Bank of Iran said it will begin a pilot launch of its central bank digital currency, the crypto-rial, on Thursday (Sept. 22), a press release said. The crypto-rial’s goal will be to turn banknotes into programmable entity, and it will reportedly be high security....
January 07, 2020
A crippling cyberwar with Iran looms, but maybe not. In an interview with Karen Webster, Samuel S. Visner, director of the National Cybersecurity Federally Funded Research and Development Center (FFRDC), separates fact from fiction as to what Iran can — and won’t — do when it comes to a tech-based response to the killing of a top general. Planes won’t fall out of the sky, and the lights won’t go dark. However, one thing’s crystal clear: It’s time for U.S. firms to examine where they’re most likely to get hit.
March 22, 2026
The war in Iran and policy battles in Washington continue to hinder cryptocurrency prices. Bitcoin, the world’s most popular cryptocurrency, fell below $69,000 on Sunday (March 22), its lowest level since the month began. It has fallen 20% since the U.S/Israeli attack on Iran began Feb. 28. One month later, the conflict shows little sign […]
February 04, 2024
Iran reportedly used two of Great Britain’s largest banks to get around sanctions. Santander UK and Lloyds provided accounts to front companies owned by sanctioned Iranian petrochemical companies, the Financial Times reported Sunday (Feb....
November 28, 2022
The U.S. Treasury Department has officially reached a settlement with crypto exchange Kraken over alleged transactions in Iran. In a statement released by the Treasury’s Office of Foreign Assets Control...
September 21, 2022
Central Bank of Iran said it will begin a pilot launch of its central bank digital currency, the crypto-rial, on Thursday (Sept. 22), a press release said. The crypto-rial’s goal...