US Treasury sanctions eight Canadian money exchange firms over Iran ties
AI Summary
The US Treasury imposed sanctions on eight Canadian money exchange firms, alleging they supported sanctioned Iranian entities and handled funds tied to an alleged drug-trafficking boss. The action connects financial enforcement against Iran with allegations of illicit finance.
US Treasury claims firms helped sanctioned Iranian entities and handled funds linked to alleged drug trafficking boss.
World Security Politics Markets Commodities US sanctions Canada Iran money exchange firms illicit finance drug trafficking