OFAC designates eight Canadian money services businesses over Iran-linked digital asset activity

Original title (Norwegian): USA sanksjonerer åtte canadiske selskaper for transaksjoner med Iran

Norway · Finansavisen · 7 Nov 2026

By Nordic Crypto editorial desk · published 9 Nov 2026

The U.S. Treasury's Office of Foreign Assets Control designated eight Canadian money services businesses on 6 November 2026 for helping move value involving Iran and related sanctioned actors through digital assets, according to the Treasury press release. OFAC said some of the firms also handled digital-asset transfers linked to Canadian drug trafficker Ryan Wedding. The designations are part of what Treasury calls Operation Economic Outcast.

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Primary source: U.S. Treasury / OFAC — Operation Economic Outcast, 6 Nov 2026

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