Treasury Proposes Cutting Banque Misr’s UAE Branches From U.S. Banking
Treasury proposed restricting U.S. correspondent banking with five Banque Misr UAE branches over alleged Iran-linked transactions. The rule is not final.
Iran sanctions
-
-
Oahu man pleads guilty to transferring more than $150,000 to Iran without U.S. authorization
A Waialua, Oahu, resident pleaded guilty in federal court after admitting to unlicensed transfers of money and cryptocurrency to recipients in Iran. Sentencing is set for Oct. 29, 2026.
-
U.S. widens Iran sanctions campaign with crypto exchanges and LPG tankers
Treasury’s June 2 and June 5 sanctions hit Iran crypto exchanges and an LPG-smuggling network, raising compliance risk for U.S. banks and trade firms.