Senator Tom Cotton urges Treasury to sanction Iran's Persian Gulf Strait Authority over Strait of Hormuz tolls, with potential crypto payment evasion concerns.

Senator Tom Cotton urges Treasury to sanction Iran's Persian Gulf Strait Authority over Strait of Hormuz tolls, with potential crypto payment evasion concerns.

OFAC warns that payments to Iran for Strait of Hormuz passage, including digital assets, risk triggering US sanctions for both US and non-US persons.

Tom Cotton urges sanctions on Iran's Hormuz toll system as shipping tensions with Washington continue escalating.

US Senator Tom Cotton has called on the Treasury Department to sanction entities aiding Iran's control over the Strait of Hormuz. He specifically targets the Persian Gulf Strait…