The US Treasury sanctioned BitBank, a Tehran-based cryptocurrency exchange, for transferring hundreds of millions of dollars in bitcoin to Iran's Islamic Revolutionary Guard Corps and processing payments from ships paying tolls for safe passage through the Strait of Hormuz. BitBank, established in 2024, also worked with the Hormuz Safe Marine Services Authority, which charges tankers $1-2 million for passage. These sanctions freeze BitBank's assets under US jurisdiction and threaten foreign entities dealing with it with exclusion from the US financial system. This move highlights US efforts to block Iran's regime financing via cryptocurrencies.
The news about Iran's Strait of Hormuz toll booth settling payments in bitcoin provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 18, 2026 13:31 WIB: out of 50 priced major cryptocurrencies, 45 rose and 4 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, COTI up 33.54% at Rp419 with Pluang order activity showing 53% Sell and 47% Buy, and UNI (Uniswap) up 25.23% at Rp149,763 with 37% Sell and 63% Buy activity and a typical hold time of 65 days.
CareCloud has named Mitchell Brie as Chief Compliance Officer to lead its growing healthcare compliance business. Brie, founder of Empower Healthcare & Compliance Partners (acquired by CareCloud), will oversee corporate compliance and continue as Pre...
eSoftware Associates advises defense contractors to carefully map controlled unclassified information (CUI) access permissions before licensing Microsoft 365 Copilot in the GCC High cloud environment. Moving to GCC High does not automatically grant c...
Man Group PLC has publicly disclosed holding a 5.64% interest in Vesuvius plc, including direct shares and cash-settled derivatives. This disclosure is related to an ongoing offer involving RHI Magnestia N.V., which is also named in the filing. The d...
Nautilus Biotechnology announced its Q3 2026 financial results, reporting $0.2 million in revenue mainly from grants and early access services, and a net loss of $15.6 million. The company highlighted progress in its proteome analysis platform, inclu...
Eviden, part of Atos Group, has introduced ASTRA-LAS, a tactical decision-support solution designed to aid naval officers in complex maritime environments. The system uses operational data and AI to enhance situational awareness, reduce cognitive loa...
