US Sanctions Canadian Firms Over Iran Crypto Deals
Published . Updated .
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Treasury sanctions eight Canadian firms for converting rials to crypto to evade Iran sanctions, coordinated with Fintrac as virtual currency oversight tightens.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-8.0% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).
- FXC Invesco CurrencyShares Canadian Dollar Trust+0.6% 11d
Invesco CurrencyShares Canadian Dollar Trust follows the Canadian dollar, whose moves this story covers.
- COIN Coinbase Global-29.8% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- MSTR Strategy-16.4% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- MARA MARA Holdings-7.6% 5d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +1.12% | +5.69% | base | after close | after close | after close | after close |
| USO | +5.62% | -2.06% | base | after close | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | after close | after close | after close | after close |
| EWC | +1.43% | +3.07% | base | after close | after close | after close | after close |
| FXC | -0.34% | -0.34% | base | after close | after close | after close | after close |
| COIN | +2.28% | +12.47% | base | after close | after close | after close | after close |
| MSTR | +1.36% | +10.45% | base | after close | after close | after close | after close |
| MARA | +1.34% | +8.43% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
US Sanctions Canadian Firms Over Iran Crypto Deals Briefs Finance
Source: Briefs Finance
The price since 7 Nov 2026: iShares Bitcoin Trust ETF (IBIT) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Coinbase Global (COIN) | three days earlier | +12.47% | final price |
| Coinbase Global (COIN) | five days earlier | +2.28% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +3.07% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +1.43% | final price |
| FXC | three days earlier | -0.34% | final price |
| FXC | five days earlier | -0.34% | final price |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +5.69% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +1.12% | final price |
| MARA | three days earlier | +8.43% | final price |
| MARA | five days earlier | +1.34% | final price |
| Strategy (MSTR) | three days earlier | +10.45% | final price |
| Strategy (MSTR) | five days earlier | +1.36% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 64 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 81 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 89 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 89 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 24 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 68 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 24 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 45 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 66 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “US Sanctions Canadian Firms Over Iran Crypto Deals”
Companies mentioned with this story
- IBIT iShares Bitcoin Trust ETF
In “US Sanctions Canadian Firms Over Iran Crypto Deals,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Sanctions Canadian Firms Over Iran Crypto Deals.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Sanctions Canadian Firms Over Iran Crypto Deals.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story
- EWC Ishares Msci Canada Etf
Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Sanctions Canadian Firms Over Iran Crypto Deals.” Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)
- COIN Coinbase Global
Coinbase Global (COIN) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Sanctions Canadian Firms Over Iran Crypto Deals.” Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story
- MSTR Strategy
In “US Sanctions Canadian Firms Over Iran Crypto Deals,” Strategy (MSTR) is linked, with no stored direction, medium confidence. Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story
- XOM ExxonMobil Holdings
For “US Sanctions Canadian Firms Over Iran Crypto Deals,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story
- CVX Chevron
Chevron (CVX) is linked, with no stored direction, medium confidence in the 7 Nov 2026 story “US Sanctions Canadian Firms Over Iran Crypto Deals.” Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story
How “US Sanctions Canadian Firms Over Iran Crypto Deals” reaches iShares Bitcoin Trust ETF (IBIT)
iShares Bitcoin Trust ETF (IBIT) is the company in “US Sanctions Canadian Firms Over Iran Crypto Deals,” the 7 Nov 2026 this story story.
The link for iShares Bitcoin Trust ETF (IBIT) is this: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story
A second company, United States Oil Fund (USO), is listed for a different reason: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
The price range for iShares Bitcoin Trust ETF (IBIT), and the dates in the story
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. IBIT traded between 43.03 and 48.07 across 20 sessions. The latest close on file is 44.03. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41.
What the saved facts support for iShares Bitcoin Trust ETF (IBIT)
46 out of 100
“US Sanctions Canadian Firms Over Iran Crypto Deals” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.