US targets China and Hong Kong based network in new Iran sanctions! What are the implications for crypto and finance channels?
2h ago•
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🚨 US imposes sweeping sanctions on China and Hong Kong based network backing Iran's military.
🪙 Key targets include accounts and assets tied to arms deals and crypto channels aiding $BTC transfers.
💥 Action aims to cut off Iran’s overseas funds and limit their digital asset access.
🇺🇸 Secondary sanctions threat looms for global banks enabling these transactions.
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