$1,800,000,000 in Iran-Linked Funds Transferred To Unnamed U.S. Banks From UAE, Treasury Says

The Treasury Department is restricting an Emirati branch of Banque Misr over its role in routing up to $1.8 billion in transactions linked to Iranian entities. This action forms part of broader efforts to limit Iran's access to the U.S. financial system through correspondent banking. The post $1,800,000,000 in Iran-Linked Funds Transferred To Unnamed U.S. Banks From UAE, Treasury Says appeared first on The Daily Hodl.