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US sanctions Iranian foreign currency exchange, international front companies

by | May 19, 2026 | JPost | 0 comments

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026. (photo credit: REUTERS/KEN CEDENO)
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.