US Sanctions Canadian Firms Over Iran
The US Treasury has sanctioned eight Canadian money services firms and crypto exchange MEXC Global for facilitating transactions with restricted Iranian entities. The measures block access to the US financial system to disrupt illicit channels.
The United States imposed financial sanctions on eight money services firms based in Canada for facilitating transactions with Iran-linked entities. The Treasury action severs the firms from the dollar-based financial system, blocking any assets held in the U.S.
