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US Treasury imposes sanctions on eight Canadian money exchange firms for Iran connections
On November 7, 2026, the US Treasury announced sanctions against eight Canadian money exchange firms. The Treasury claims these firms facilitated transactions for sanctioned Iranian entities and handled funds related to a suspected drug trafficking figure.
Our neutral summary
On November 7, 2026, the US Treasury announced sanctions against eight Canadian money exchange firms. The Treasury claims these firms facilitated transactions for sanctioned Iranian entities and handled funds related to a suspected drug trafficking figure.
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