US sanctions firms for smuggling tech to Iran’s central bank

Central bank subsidiary that developed Iran’s digital currency platform among those targeted

Maximising effectiveness with tech

The US Treasury has sanctioned a subsidiary of Iran’s central bank, alleging it was part of a network smuggling restricted technology to the Islamic republic. 

The Treasury said the network had helped the central bank purchase “items classified as information security items subject to national security and anti-terrorism controls” by the US government. The US has already placed the Central Bank of the Islamic Republic of Iran under sanctions for helping finance two groups it designates as

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