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.

Iran has seized control of the Strait of Hormuz, cutting vessel traffic by over 85% and removing 11 million barrels per day from global supply, with ripple effects hitting crypto…

Iran is asserting unprecedented control over the strategically critical waterway, with ships reportedly facing screening processes, transit approvals and potential Bitcoin-backed…